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Share Name Share Symbol Market Type Share ISIN Share Description
Lekoil Limited LSE:LEK London Ordinary Share KYG5462G1073 ORD USD0.00005 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.22 15.66% 1.625 1.405 1.845 1.75 1.41 1.72 6,248,319 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 38.2 1.8 -1.6 - 9

Lekoil Share Discussion Threads

Showing 9276 to 9295 of 9425 messages
Chat Pages: 377  376  375  374  373  372  371  370  369  368  367  366  Older
DateSubjectAuthorDiscuss
26/2/2020
09:37
^^^^^^^^^^^ Dog poster, Scam poster, Share scare-monger, Do not take any notice.
801710245
26/2/2020
09:07
Dog share Scam share Nigerian scam share Do not touch
iamgreat1
26/2/2020
00:38
What news we are expecting here? looks like this is about to erupt higher?
nash81
25/2/2020
22:24
3.45p +0.28p A lot of movement late on the day and share price moving over the top Bollinger Band, that happens when the order book gets exalted and reaches the high for the moment being, some retracement could be on the way. the important thing is there is an Uptrend movement during the last month
master rsi
25/2/2020
16:32
Nice finish to the day. News coming? :)
monster500
25/2/2020
16:13
MMs are paying middle price for selling at the moment
master rsi
25/2/2020
15:56
3.35p +0.16 (5.02%) Something is going on today as the bid has gone well up a bit earlier, someone in an order to be filled is the rumor as the level 2 got stronger.
master rsi
25/2/2020
15:45
No need to pump, LEK is ridiculously undervalued at this share price level
ih_676530
25/2/2020
15:27
isThePump switchedOn?
andymunchkin
25/2/2020
14:33
Is this scam still going
jayminpatel1
25/2/2020
07:33
Lekan Akinyanmi CEO, LEKOIL Can you give a brief overview of Lekoil and the company milestones over the last 10 years? We have four assets of which our flagship is OPL 310, which has both oil and gas. The OPL 310 asset is offshore, 20 km from Lagos and contains the Ogo discovery which is the largest discovery in Nigeria over the past 10 years, producing about 770 million barrels. Another important asset to note is OPL 325 of which we own 62%. This is an exploration block approximately 100 km south of Lagos. We have not yet drilled this block but have access to 3D seismic data over 740 km2. A preliminary review of the prospects suggests oil in volumes of up to 5.7 billion barrels with an estimated 2 billion barrels recoverable based on analogues. Our third asset is the Otakikpo marginal field, which is a producing field delivering 6 000 barrels per day (bpd). The asset was discovered in 2014 and was brought into production within two years. Three wells drilled in the field encountered hydrocarbons at multiple intervals. 2D and 3D seismic analysis revealed reserve estimates considerably in excess of those available at the time of acquisition in May 2014. We have also put a unique evacuation infrastructure in place so that we have more than 95% uptime and no losses. Our final asset is OPL 276 on which we have a 45% participating interest in. This asset was acquired in 2019. Historically, four wells have been drilled in the licence area, resulting in four discoveries (two oil and two gas) with preliminary resource estimates of gross recoverable volumes of 29 million barrels of oil and 333 Bcf of gas, with upside of 33 million barrels of oil and 476 Bcf of gas (recoverable). We are currently waiting to renew the license on the asset to start working on the block. Can you elaborate more on Lekoil’s flagship asset OPL 310? OPL 310 is located in the Dahomey Basin and has both oil and gas reserves. The main prospects are in water depths ranging from 100 m to 800 m and are within close proximity to the West Africa Gas Pipeline. Lekoil is just starting to develop the asset and we will continue with exploration activities and appraisal planning in 2020. The gas reserve at the OPL 310 block is quite substantial and we have enough gas to produce 20% of Nigeria’s power generation.
sam_
22/2/2020
12:22
Rumour and rumour, the well known administrators.
texaschaser
21/2/2020
17:11
No we are not. I had confirmation of the same from IR a few weeks ago
zala1
20/2/2020
14:48
My rough calculation is 7M USD ÷ 54 USD per barrel (assuming they get the spot WTI price) ÷ 2300 bopd attributable to LEK (from RNS) ÷ 7 days per week. On that basis, it would be taking 8 weeks at full production to produce each load.It's a nice RNS, saying 4-6 weeks between 2 shipments but I don't see how they can keep that up long-term.
ewanwhose
20/2/2020
12:38
Ewan, I am not being too optimistic at all, its a big oilfield with reserve resources estimated at 48.6mmbbls ! last year they had a production of approximately 10,000 bopd via an Early production facility. The second phase (which hopefully will commence in Q2/Q3 2020) will see a new Central Processing Facility and seven new wells to bring production up to some 20,000 bopd (Barrels Of Petroleum Per Day). hxxps://www.lekoil.com/our-assets-summary
sam_
20/2/2020
12:16
Being a bit picky, the RNS only refers to there being a next shipment. I hope we aren't being too optimistic in extrapolating that to a shipment of the same size every 6 weeks from now on.
ewanwhose
20/2/2020
12:09
Billthebank, this is from last month's rns: [LOGL expects to receive cash proceeds from this crude oil lifting of c. US$7.0 million. The next lifting, of a similar quantity, is expected to occur within the next four to six weeks.] So the revenue made every 3 to 4.5 months from Otakikpo oil lifting provides Lekoil with income equivalent to its current mcap!!
sam_
20/2/2020
09:44
And dont forget $7M+ coming in every 6 weeks!!!
billthebank
20/2/2020
09:31
It must be a takeover target at this level - Probably by Addax's Petroleum which is a subsidiary of the Sinopec Group, one of the largest oil and gas producers in China & the biggest oil refiner in Asia -The third largest worldwide! Lekoil's new CFO was Addax's Chief Financial Officer for 10 years before joining Lekoil last month. Lekoil Total Assets £226m Total Equity £185m Current mcap £17m !
sam_
19/2/2020
14:24
Wouldn't that be nice.Actually any news would be cool tbh!!!
billthebank
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