Akrake Petroleum finishing drilling operations on well in Sèmè Field for production in February

26 Jan 2026 08:42 CET

Lime Petroleum Holding AS (“LPH” or the “Company”), and together with its
subsidiaries, the “Group”), wishes to announce that LPH’s wholly-owned indirect
subsidiary Akrake Petroleum Benin S.A. (“Akrake Petroleum”) is finishing
drilling operations on the AK-2H production well in the Sèmè Field in Block 1,
Benin. The well is expected to be ready for production during the first week of
February 2026.

The well is designed to drain the western section of the Sèmè Field from the H6
reservoir. Over the next several days, the well will be completed and made ready
for production. This involves running screens in the well across the reservoir
sandstone formation and installing a down-hole electrical submersible pump
(ESP). Concurrent to the well completion, the mobile offshore production unit
(MOPU) Stella Energy 1 and the floating storage & offloading unit (FSO) Kristina
are in the final stages of installation.
More details will be announced in due course.

More information:
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664176_20260126_LPH_PressRelease_BeninUpdate_Final.pdf