Lekoil unveils resource upgrade at Nigerian field

摘要

Cape Town—West Africa-focused Lekoil has unveiled a significant upgrade of resources at its Otakikpo marginal field in Nigeria, the AIMlisted company said Tuesday. The offshore oil field in the eastern Niger Delta is now estimated to hold 56.57 million barrels, from a previous estimate of 36 million barrels. A new competent person’s report also assessed four onshore exploration prospects estimated to contain 162.8 million barrels. Lekoil also sees additional prospectivity in the southern shallow water portion of the acreage, which will be defined by further studies and appraisal in due course.