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Lekoil Nigeria has been granted an injunction by a Federal High Court in Lagos against its partner in OPL 310, Optimum Petroleum Development. Lekoil requested that the court grant an order of interim injunction restraining Optimum Petroleum from taking steps to expropriate, appropriate, transfer or extinguish Lekoil's rights and interests in OPL 310.
Lekoil Nigeria Limited, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that it has been granted an
Lekoil Nigeria Limited has been granted an injunction by a Federal High Court in Lagos against its partner in the Oil Prospecting Lease(OPL) 310 asset,
The long-running Lekoil Nigeria saga appears to have reached an end with the international unit writing off debts and rebranding as Fenikso.
Background (continued...) On 2 September 2021, Lekoil Cayman announced that it had entered into a convertible facility agreement (the “CFA1”) with Hadron Master