Lekoil Closing in on Year-end Production Target

Sunday, September 17, 2017

Lekoil is now seeing flows of roughly 7,000 bpd from its Otakikpo Marginal Field on Nigeria’s OM 11.  Since starting production in February 2017 at an initial rate of 5,000 bpd, production has averaged about 5,500 bpd through July 2017.  Current production at Otakikpo is now approximately 7,000 bpd.

The company continues to focus on ramping up to Phase One target production of 10,000 bpd, which Lekoil still targets around year-end 2017.

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