July 17, 2013 / 6:47 AM / 4 years ago

BRIEF-Lekoil to raise $20 million in placing to fund Nigeria well

LONDON, July 17 (Reuters) - LEKOIL Ltd : * Placing of new ordinary shares at 39 pence per share to raise approximately

US$20.0 million * Proceeds will be used to fund the drilling and testing of the sidetrack well:

ogo-1 st, on the opl310 licence

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