Lekoil Nigeria Limited, the oil and gas exploration and production company with a focus on Nigeria and West Africa, has announced that it has reached agreement with Lekoil Limited (Lekoil Cayman), a Cayman Islands litigation asset company with an investment in oil and gas assets in Nigeria, have agreed to terminate all legal proceedings and settle all claims made by …

Lekoil Nigeria Limited has asked the court to punish Savannah Energy for contempt of court for proceeding with the Extraordinary General Meeting held on Thursday, 7th April 2022 despite an injunction issued by the court, and for encouraging the general public to discountenance the ‘BOUGHT’ court injunction. Chief Wole Olanipekun (SAN) appeared for Lekoil Nigeria Limited in the application filed …

Shareholders of Lekoil Limited, the oil and gas exploration and production company with a focus on Nigeria and West Africa, have overwhelming approved the company’s option agreement entered into with Savannah Energy Investments. Out of the shareholders with a combined share capital of 437,462,857 ordinary shares, which represents 58 per cent of the issued share capital of the company, 82 …

Lekoil Nigeria Limited has filed a petition in the Grand Court of Cayman Island Court to request the just and equitable winding up of Lekoil Cayman to avert value loss by shareholders of the AIM-listed company. As disclosed by the Chairman of Lekoil Nigeria Limited, Mrs Aisha Muhammed-Oyebode, the petition was filed by Founder and Chief Executive Officer of Lekoil …

Lekoil Limited, the oil and gas exploration and production company with a focus on Nigeria and West Africa, has rejected the announcement on 1st April in which Lekoil Nigeria offered to purchase the Oil Prospecting Licence (OPL) 310 loan. Lekoil Limited also turned down Lekoil Nigeria’s request to repay the outstanding amount under the Savannah Energy Investments Limited convertible facility …