TIDMLEK

RNS Number : 6105L

Lekoil Limited

16 May 2022

16 May 2022

Lekoil Limited

("LEKOIL" or the "Company")

Operational Update

LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to provide the following operational update.

Operational Development for the month of April 2022 taken from information provided by Lekoil Nigeria

   --      Otakikpo:

o Oil production in April 2022 of 4,289 bopd (gross)/1,716 bopd (net).

o Drilling of Otakikpo-4 continued during the month.

   --      OPL 310 (Ogo):

o No material update.

   --      OPL 325:

o No material update.

   --      OPL 276

o No material update.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

For further information, please visit www.lekoilplc.com or contact:

 
Lekoil Limited 
 Anthony Hawkins                                    info@lekoilplc.com 
SP Angel Corporate Finance LLP (AIM Nominated 
 Adviser and Joint Broker) 
 Jeff Keating / Stuart Gledhill                       +44 20 3470 0470 
                                                ---------------------- 
First Sentinel Corporate Finance Limited 
 (AQSE Corporate Adviser) 
 Brian Stockbridge                                    +44 20 3989 2200 
                                                ---------------------- 
Tennyson Securities (Joint Broker) 
 Peter Krens / Edward Haig-Thomas                     +44 20 7186 9030 
                                                ---------------------- 
Camarco (Financial PR Advisor) 
 Billy Clegg / Owen Roberts / Violet Wilson           +44 20 3757 4983 
                                                ----------------------

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END

UPDBKABKCBKKOPD

(END) Dow Jones Newswires

May 16, 2022 05:11 ET (09:11 GMT)

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