Latest news


Otakikpo Operational Update

Lekoil announces the following update regarding operational activity at the Otakikpo Marginal Field.

Read more …


Appointment of Non-Executive Director

Lekoil is pleased to announce the appointment to the Board of Directors of Mr Hezekiah Adesola Oyinlola as a Non-Executive Director with effect from 26 June, 2015.

Read more …

Sign up for news alerts

Welcome to LEKOIL...

Lekoil is an Africa focused oil and gas exploration and production company with interests in Nigeria and Namibia. The Company was founded in 2010 by a group of leading professionals with extensive experience in the international upstream oil and gas industry as well as in global fund management and investment banking.



  • On 17 May 2013 Lekoil successfully listed on the AIM market of the London Stock Exchange with a US$50million fundraising.

  • Results of the significant discovery at the Ogo-1 well and subsequent sidetrack suggest potential net recoverable resources of 232 mmboe (P50) and 354 mmboe (P10) to Lekoil Nigeria with additional upside potential expected in the synrift play.

  • Post IPO, Lekoil announced further fundraisings with gross proceeds of approximately US$120 million to fund the drilling completion and testing of the Ogo-1 well and the Ogo-1 sidetrack.

  • A 3D seismic programme, designed by the partners in OPL 310 - Lekoil, Afren Plc and Optimum Petroleum Development Ltd – commenced on 20 March 2014 to cover the remaining 80% of the block.

  • Announced on 19 May 2014: the acquisition of a 40% interest in the Otakikpo Marginal Field, in OML 11 in Nigeria, adjacent to the shoreline, with estimated 2C resource estimates of 56.75mmbbls. 

  • Otakikpo Marginal Field scheduled to begin production around mid-year 2015

  • Majority owner of Blocks 2514A&B in Namibia.