Shaping the future of oil exploration in Africa OCTOBER 2013 JUNE 2013
About Lekoil Background Africa focused exploration and production company Management and board with strong technical and financial experience in addition to deep relationships on the continent London Stock Exchange (AIM) listed with…
Executive Management Lekan Akinyanmi, Executive Board Member Chief Executive Officer Formerly the international Energy Sector Head at AllianceBernstein L.P. (Global asset manager with over 400B under management) with direct…
Pan-African Strategy - Portfolio Approach Pan African Strategy focusing on: Target portfolio Dahomey Basin Niger Delta New Basins Priorities Create a balanced portfolio of exploration production assets Exploit overlooked…
OPL 310 - Ogo 1 discovery The straight well was been drilled to a total measured depth of 10,518ft (10,402ft true vertical depth subsea (TVDSS)), and encountered a gross hydrocarbon section of 524ft, with 216ft of apparent stacked, net…
Prospects and leads from 3D seismic Source: Afren OCTOBER 2013 7
Ogo well Previous predicted sequence Source: Afren OCTOBER 2013 8
OPL 310 Syn-rift upside scenario Source: Afren OCTOBER 2013 9
Deal Pipeline ASSET STAGE DESCRIPTION/ ESTIMATED STATUS LEKOIL STAKE RESERVES Divestments Lekoil in active Net of 70- Preliminary reviews ongoing discussions to acquire 200mmbbl IOC non-priority assets Marginal Fields Lekoil in…
Field development overview Asset stage Reserves Operations Status OPL 310 Net (pre-drilling) P50 resources of Straight well discovered hydrocarbon 144.6mmboe (NSAI) expected to exceed prior estimates Drilling ongoing on side track…
Appendix Board of Directors Share price chart and list of advisors Significant shareholders OCTOBER 2013 12
Board of Directors Sam Adegboyega, Non-Executive Board Member Chairman Over 32 years of oilfield experience including working with Dowell Schlumberger in Iraq, Abu Dhabi, Venezuela, Canada, Syria, France and Nigeria. Founder and…
Board of Directors Mrs. Aisha Mohammed-Oyebode, Non-Executive Board Member Group CEO of Asset Management Group (AMG) Limited. Held the position of Executive Director of AMG from October 1991-June 1993. Legal practitioner with an LL.M…
Board of Directors John Van Der Welle, Non-Executive Board Member John has over 25 years oil industry experience, having qualified as a Chartered Accountant with Arthur Andersen in 1981. He is a member of the Association of Corporate…
Share price chart since IPO and list of advisors LON: LEK Past performance cannot be relied on as a guide to future performance Financial and Nominated Adviser: Auditors: Strand Hanson KPMG Brokers: Financial PR: Mirabaud…
Some current Institutional shareholders OCTOBER 2013 17
NIGERIA USA 179A MOSHOOD OLUGBANI ST 116 VILLAGE BOULEVARD VICTORIA ISLAND, LAGOS SUITE 200 T. +234 1 277 0560 PRINCETON, NJ 08540 T. +1 609 945 0805 Contact Details Lekan Akinyanmi CEO lekanlekoil.com +16092338986 David Robinson…