Lekoil set to lift stake in Ogo offshore Nigeria

摘要

LEKOIL HAS AGREED to acquire Afren's 22.86 per cent interest in OPL 310 offshore Nigeria, which includes the potentially large Ogo oil and gas discovery, for US$13mn. Currently Lekoil Nigeria has a 17.4 per cent stake in the license via its subsidiary, Mayfair Assets and Trust, and a further 30 per cent economic interest earned through a farm-in agreement signed in 2013 with Afren.