Financials and Investment News in Nigeria

AOI Announces the Receipt of $75M Prime Dividend, Debt Repayment
9/30/2021 - Africa Oil Corp. ("AOI") is pleased to announce that it has received a substantial dividend from its investee company, Prime Oil and Gas Cooperatief UA ("Prime"). Prime also has successfully completed...
Extension of Conditional Payment Waiver in Relation to the MLPL Loan Notes
9/20/2021 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, provides the following update regarding the outstanding loan notes due from Midwestern Leon Pe...
Extension of Conditional Payment Waiver in relation to the MLPL Loan Notes
9/20/2021 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, provides the following update regarding the outstanding loan notes due from Midwestern Leon Pe...
LEKOIL Provides Director Loan - Update
9/10/2021 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, notes that pursuant to the loan agreement between the Company and Mr. Olalekan Akinyanmi (as previou...
Update on the Conditional Payment Waiver in Relation to the MLPL Loan Notes
9/6/2021 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, provides the following update regarding its loan to Midwestern Leon Petroleum Limited ("MLPL")...
Lekoil Limited Announces Convertible Facility Agreement
9/2/2021 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to announce the entry into a Convertible Facility Agreement ("CFA") with Hadron Master Fu...
Decklar Announces Unit Offering Increase to Up to $5 Million
8/17/2021 - Decklar Resources Inc. is pleased to announce an increase for its previously announced Offering (as defined below) from $1 million to up to $5 million.

Further to the Company’s July 30, 20...
COPL Announces Readmission to Trading and Operations Update
8/17/2021 - Canadian Overseas Petroleum Limited ("COPL"), an international oil and gas exploration, production and development company with production and development operations focused in Converse County, Wyomin...
San Leon Announces Update on ELI Loan Repayment
8/9/2021 - San Leon Energy plc, the independent oil and gas production, development and exploration company focused on Nigeria, provides the following update in relation to its investment in Energy Link Infrastr...
AOI Announces the Receipt of Prime Dividend
8/2/2021 - Africa Oil Corp. ("AOI") has received a dividend from Prime Oil and Gas Cooperatief UA ("Prime") and that is has completed the refinancing of its corporate loan facility. ...
Africa Oil Announces Share Capital Update
7/30/2021 - Africa Oil Corp. reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the exercise of 108,000 stock options und...
Seplat Energy Subsidiary's $50M Offtake Facility
7/19/2021 - Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces that its wholly owned subsidiary, Westport Oil Li...
San Leon Announces Conditional Payment Waiver
7/7/2021 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, provides the following update regarding its loan notes from Midwestern Leon Petroleum Limited ...
Africa Oil Announces the Receipt of Prime Dividend
6/28/2021 - Africa Oil Corp. ("AOI") has received its seventh dividend from Prime Oil and Gas Cooperatief UA ("Prime"). The Company is also pleased to update the markets on a significant increase in the Egina oil...
San Leon Announces Statement Re-proposed Transactions & Suspension of Trading
6/24/2021 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the recent price movement of its shares and press comment in Nigeria regarding the possi...
ADM Energy Provides Loan Facilities Update
6/22/2021 - ADM Energy PLC, a natural resources investing company, provides an update on its loan facilities agreement announced on 25 August 2020.

In August 2020, the Company entered into a definiti...
Disposal of Interest in Superdielectrics
5/20/2021 - ADM Energy PLC, a natural resources investing company, is pleased to announce that it has completed the sale of 188,778 shares in Superdielectrics Ltd ("Superdielectrics") for a total consideration of...
ADM Energy Announces Director Share Purchase
5/4/2021 - ADM Energy PLC, a natural resources investing company, announces that Osa Okhomina, Chief Executive Officer, purchased 480,446 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 3.45 p...
Lekoil Announces Trading and operational update
3/26/2021 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, provides the following trading and operational update for the full year ended 31 December 2020.
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Pricing of Offering of $650M 7.75% Senior Notes due 2026
3/25/2021 - Seplat announces that it has priced its offering of $650 million in aggregate principal amount of 7.75% senior notes due 2026 (the "Notes"). The Notes will be issued by the Company and guaranteed by c...

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