Lakeland Exploration Company Limited Set To Invest $1bn In Guyana

By Glam & Essence


Ghanaian billionaire businessman, Henry Djaba Jnr. ,has confirmed signing agreements with local partners in Guyana to invest $1bn (one billion US Dollars in a Deep offshore and a Shallow oil block in Guyana.
He confirmed that whilst, his company, Lakeland Oil and Gas International Trading and Supply Company Limited signed agreements earlier this year for the development of two Oil Blocks on 11th March 2024, with a local partner in Guyana.
Lakeland has decided that under the Chairmanship of Mrs. Titi Ogunbanjo ,who is the Chairman and also a substantial shareholder of Lakeland Exploration Company Limited, they are also interested in acquiring more Oil Blocks in Guyana and will now go ahead to engage directly with the Government of Guyana in the next bid round or by direct negotiation if possible.
At the recent Afrexim AGM that held in Nassau ,Bahamas, Lakeland Exploration Company Limited, confirmed that Mrs. Titi Ogunbanjo, is spearheading Lakeland’s acquisition of strategic oil assets in the South American / Carribean region and on the African continent.




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