Lekoil optimum agree to defer opl 310 obligations
It appears that you're referring to a news article or a business announcement. Here's a breakdown of what it might mean:
- "Lekoil Optimum" is likely a company or a subsidiary of a company, possibly in the energy or oil and gas sector.
- "Agree to defer" means that the company has agreed to delay or postpone certain obligations or payments.
- "OPL 310" is likely a reference to an oil prospecting license (OPL) issued by the Nigerian government, which grants the right to explore for oil in a specific area. OPL 310 is a specific license number.
- "Obligations" refers to the responsibilities or commitments that the company has under the OPL 310 license, such as exploration and production activities, payment of royalties, and other fees.
In summary, the announcement suggests that Lekoil Optimum has agreed to delay or defer its obligations under the OPL 310 license, which may include exploration and production activities, payment of royalties, and other fees. This could be due to various reasons such as financial constraints, changes in market conditions, or other business considerations.