NIGERIA-focused independent Lekoil, an AIM-listed explorer may float on the Nigerian Stock Exchange if production triples as planned over the next three years, according to chief executive Lekan Akinyanmi.
A Standard Chartered-led investment drive to raise $170 million for infrastructure will help hike output from the Otakikpo field near Port Harcourt from 5800 barrels per day to 20,000 bpd and Lekoil is also seeking to acquire more marginal fields in upcoming licensing exercises.
