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A Federal High Court in Lagos, Nigeria, has granted an injunction to Lekoil against Optimum Petroleum Development.

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,

Information on the Company The Company would like to take this opportunity to share with its Shareholders an update on its operations and commercial developments. The Company has acquired a balanced portfolio of assets including Otakikpo, a producing asset with near term upside; OPL 276, a potential near-term producing asset with significant resource potential; OPL 310, where the world-class appraisal asset Ogo is located; and OPL 325, which provides additional exploration optionality. Otakikpo - producing asset Despite the wider impact of COVID-19, operations at...