Lekoil Ltd (LEK)

 

Our Strategy

Pan African Strategy focusing on:

  • Dahomey Basin
  • Niger Delta
  • New Basins

Priorities

  • Create a balanced portfolio of exploration production assets
  • Exploit overlooked opportunities in new and existing basins
  • Utilize corporate structures and partnerships that benefit from advantageous fiscal terms to indigenous companies Utilize and grow regional and intra-continental relationships
  • Optimize our strong technical team and industry relationships
  • Maximize our strong relationships in financial industry

Growth strategy overview

Short-term (6 – 18 months)

Themes

Successful conversions

  • Current portfolio
  • Current Opportunities
  • Smart Acquisitions
  • Mature exploration portfolio
  • One Marginal Field
  • Grow investments and size of appraisal assets

Short-term (18 – 36 months)

Themes

Generate cash flow
Secure long-term financing

  • Grow production
  • Secure long-term debt financing
  • Mature appraisal portfolio

Long-term (36 months+)

Themes

Grow reserves
Build out portfolio

  • Upgrade/optimization of assets
  • Grow exploration assets

 

Target Portfolio

Company Information

Company Address

Intertrust Corporate Services (Cayman) Limited
190 Elgin Avenue
George Town
Grand Cayman KY1-9005

Ticker SymobolLEK (LSE:LEK)
Country of IncorporationCayman Islands
Company NumberWK-248859
MarketAIM
SectorOil & Gas Producers
Company Websitewww.lekoil.com

Company Advisors

Financial & Nominated Adviser

Strand Hanson Limited
26 Mount Row
London
W1K 3SQ

Broker

Mirabaud Securities LLP
33 Grosvenor Place
London
SW1X 7HY

Solicitors (England)

Dentons UKMEA LLP
1 Fleet Place
London
EC4M 7WS

Solicitors (Nigeria)Banwo & Ighodalo
98 Awolowo Road
Southwest Ikoyi
Lagos 

Solicitors (Namibia)

Ellis Shilengudwa Inc
24 Orban Street
PO Box 3300
Windhoek

Solicitors (Cayman Islands)

Walkers
190 Elgin Avenue
George Town
Grand Cayman
KY1-9001 

Auditors

KPMG Professional Services
KPMG Tower
Bishop Aboyade Cole Street
Victoria Island
Lagos
Nigeria 

Reporting Accountants

BDO LLP
55 Baker Street
London
W1U 7EU 

Financial PR

Tavistock Communications Limited
131 Finsbury Pavement
London
EC2A 1NT

Registrars

Computershare Investor Services (Cayman Islands) Ltd
The R & H Trust Co Ltd
Winward1
Regatta Office Park
West Bay Road
Grand Cayman
KY1-1103