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Financials and Investment News in Nigeria

Re Cost and Revenue Sharing Agreement for OPL 310
2/24/2021 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that Mayfair Assets and Trusts Limited ("Mayfair"), in which the Company has a 90 per cent...
Statement Re. Share Price Movement
2/18/2021 - ADM Energy PLC, a natural resources investing company, notes the recent movement in the Company's share price. ...
AGPC Raises $260M to Complete ANOH Project
2/1/2021 - Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange and the London Stock Exchange, announces that its Incorporated Joint ...
BFPCL Takes FID on $3.6B Project
1/29/2021 - - At construction project to create 30,000 jobs, 5,000 when in operation
- Nigeria currently imports methanol 100%
- Meant to evacuate 14tcf gas from Brass over time

Brass Fertil...
COPL Announces £6,000,000 Placing
12/30/2020 - Canadian Overseas Petroleum Limited ("COPL"), an international oil and gas exploration and development company focused on sub-Sahara Africa, announces that: ...
Extension of Director Loan
12/18/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that the Board of the Company has agreed on an amendment to the loan agreement with Mr. Ol...
Payments to Optimum Petroleum Development Company
12/11/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that its wholly owned subsidiary, Mayfair Assets and Trusts Limited ("Mayfair") has receiv...
San Leon Provides Update on Investment in Oza Field
11/23/2020 - Further to its announcements of 1 September 2020 and 2 November 2020 regarding its proposed investment in Decklar Petroleum Limited ("Decklar") and the Oza Field in Nigeria, San Leon announces that th...
Shelf Drilling Reports 3rd Quarter 2020 Results
11/13/2020 - Shelf Drilling, Ltd. announces results for the third quarter of 2020 ending September 30.

David Mullen, Chief Executive Officer, commented: “The sequential declines in Revenue and EBITDA d...
Repayment of Prepayment Facility
11/11/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and Africa, announces that LEKOIL Oil and Gas Investments Limited ("LOGL"), in which the Company has a 90 per cent. e...
Africa Oil Receives Fifth Dividend From Its Nigerian Asset
10/26/2020 - Africa Oil Corp. is pleased to announce that it has received its fifth dividend from Prime Oil and Gas B.V. (“Prime”), a company that holds interests in deepwater Nigeria production and development as...
Interim Results Reporting Timeline and Optimum Payment
9/28/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, provides the following corporate update: ...
NNPC Obtains $1bn to Fund Upstream Operations
9/4/2020 - The Nigerian National Petroleum Corporation had obtained a prepayment funding of about $1bn to support the upstream operations of its subsidiary, the Nigerian Petroleum Development Company. ...
Africa Oil Receives Fourth Dividend from its Nigerian Asset
8/31/2020 - Africa Oil Corp. has received its fourth dividend from Prime Oil and Gas B.V. ("Prime"), a company that holds interests in deepwater Nigeria production and development assets. ...
Shell Contributes $1.7M to Support Access to Energy During COVID-19
8/21/2020 - Shell has granted $1.7 million to six companies providing electricity in India, Kenya, Nigeria, Sierra Leone, Tanzania, and Uganda to support customers in financial difficulty because of the pandemic....
Restructuring of Existing Term Loans
8/17/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to announce that LEKOIL Oil and Gas Investment Limited ("LOGL"), in which the Company has...
NNPC Signs Pact with Partners to Resolve OML 130 Dispute
8/8/2020 - In its bid to meet the target of revving up production to 3million barrels per day and unlock gas revenues to the tune of about $225 million in the short term and $510million in the long run for the...
COPL Announces £1,300,000 Placing & Successful Shares for Debt Proposal
7/20/2020 - Canadian Overseas Petroleum Limited ("COPL"), an international oil and gas exploration and development company focused on sub-Sahara Africa, today announces that:

- COPL has entered into a...
Confirmation of Completed Optimum Payment
7/15/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that the Company, in accordance with the agreement which was announced on the 30 April 202...
Lekoil Provides Prepayment Facility
7/2/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to announce that LEKOIL Oil and Gas Investments Limited ("LOGL"), in which the Company ha...

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