Lekoil Share Discussion Threads

[ytse] 11/5/2017 08:49

Lek is like Panr
Bed Stories for children
So many lies
Bad management lack of communication etc...
I don't know at what price is worth the risk
Initially I had as a target 18p see my post but today I am confused if I have to wait for 16p

[jailbird] 11/5/2017 08:39

3% after I posted yes.Contemplating buying here again at these levels now.However my confidence in the BoD to deliver on time has become a big issue .. explains why they took on more debt facility as behind production targets.Has 3k production started in FEB.

[bad gateway] 11/5/2017 08:13

Thanks for the posts coxsmn, interesting. Can see like most oilers these have disappointed on timelines but 5kbpd production now and moving towards 10k short term may slow the drop here.

[coxsmn] 10/5/2017 23:11

'crude prices are under pressure', you mean they are up 3%.

[coxsmn] 10/5/2017 23:06

Lek oil market capital below £100m, this is the time to pile in.

[coxsmn] 10/5/2017 20:02

Target was actually 10kbopd be end of Q2 this year. Unfortunately the company seems unable to provide accurate guidance to shareholders.As far as the ramp up to 10kbopd is concerned we will wait and see when it happens, in the meantime at least both oil and cash are now flowing be it at a slower rate.Dyorcoxsmn

[jailbird] 10/5/2017 07:11

10k Bopd by the end of the year... lolTarget was 20k bopd Year behind schedule Crude prices are under pressure.We will never see $60 oil againBut may get close to once surplus glut has cleared .But electric revolution and the US pumping shake means it will keep at these levels

[alamaison5] 03/5/2017 03:51

Wrong: It was a sell on the 27th at 16:...
Followed by a 700,000+ buy...

[coxsmn] 02/5/2017 19:51

Chunky 1.7m of buys after close.

[alamaison5] 01/5/2017 09:54

LEK: hxxp://www.nigerianengineer.com/2017/03/how-regulatory-approval-impacts-oil-and-gas-operations-in-nigeria

[alamaison5] 30/4/2017 03:29

Back in for £3k at 20p. Any announcement/RNS will do for me.
Production increase, Gov permission granted for OPL 310...

[fangorn2] 13/4/2017 15:21

And so the dodgy dealing and corruption in Nigeria continues.

"Nigeria's EFCC 'finds $43m in Lagos flat'"



Wonder whose pocket they've emptied today

[alamaison5] 12/4/2017 13:25

1,000,000 sold at 21p. How many of these to come?

[alamaison5] 10/4/2017 13:51

21.75p to buy and falling on such small volume, lol.
20p will come a lot faster than I though...

[alamaison5] 06/4/2017 08:31

22.50p to buy...ZZZZ

[coxsmn] 03/4/2017 12:31

Excellent news.Written Ministerial approval shortly and what will be a company transformational agreement with GE Oil & Gas for the development and funding of Ogo. 'Following further engagements with both the Minister and the Department of Petroleum Resources (DPR), LEKOIL is expecting a revised letter of conveyance without conditions to be received shortly.'

[alamaison5] 03/4/2017 07:19

26p opening?

[alamaison5] 03/4/2017 07:19

RNS: That's a bit premature as they still haven't received any news from the Nigerian Government...Also, the share price will rise on this news, nothing will happen before year ends...
Taken from RNS: "As we have previously announced, we are still in the process of securing ministerial consent for the remainder of the OPL310 acquisition and we remain confident that we will receive all the necessary approvals prior to the start of the appraisal programme."

[alamaison5] 01/4/2017 07:21

Thanks shem: I am looking at it.

[alamaison5] 31/3/2017 07:55

Another RNS: Credit facility of $15m from Shell. Why do they need this money puzzle me.
Especially if they are now generating an income... New drilling?

[alamaison5] 30/3/2017 09:54

18p, lol. Not a chance clown. Even 20p will be hard... 2 transformational RNS due before end of April.
Ramp-up + AFREN assets gov approval.

[ytse] 30/3/2017 08:20

I will be back too at 18p

[alamaison5] 30/3/2017 08:14

True, the seller could well be at it again.
Sold my 13, 000+ on opening as I only was offered under 22p. 21.7...
If I hade been offered more; I might have changed my mind...
I'll be back, lol

[jailbird] 30/3/2017 07:45

Hmmm, not lighting me up.. supposed to be 20k by end of this year . Still targeting 10k, but no update on that yet. May start higher though but I am not rushing in to anything nowNew tax free isa allowance to use soon