LEKOIL Limited Raches A Resolution With Its Partner Optimum Petroleum Development Company

LEKOIL Limited (AIM: LEK), has reached a resolution with its partner Optimum Petroleum Development Company, the Operator of OPL 310 block, where it has executed a legally binding agreement with the latter to progress appraisal and development programme activities at the Ogo discovery. The two companies are targeting a two-well programme over the next twelve to eighteen months.

On 30th August 2019, at the time of writing, GMT 10:52 AM, LEK shares were trading at GBX 6.20, up by 0.01 points or 0.16% against the previous day closing price.