Tag Archives: SEPLAT PETROLEUM DEVELOPMENT COMPANY

Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), held its hybrid 8th Annual General Meeting (AGM) with shareholders, auditors, regulators, company directors, and the media, amongst other stakeholders joining physically and virtually.

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Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange 9NSE) and the London Stock Exchange (LSE), has announced its unaudited results for the nine months ended 30 September 2020, recording increased operational efficiencies and further reduction in costs.

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The Board of Directors of Seplat Petroleum Development Company Plc (“SEPLAT” or the “Company”) is pleased to announce the appointment of Ms. Arunma Oteh, and Mr. Xavier Rolet as Independent Non-Executive Directors of the Company, joining the Seplat Board with effect from October 1, 2020.

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Roger Brown, the new Chief Executive Officer (CEO) of Seplat Petroleum Development Company Plc resumed on August 1, 2020.

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The Minister of State for Petroleum Resources, Chief Timipre Sylva; the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari; and the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, have commended Seplat Petroleum Development Company Plc for its sterling leadership s the industry’s poster child and breathtaking impacts on the growth of the country’s oil and gas development in the past decade. 

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Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced a cash increased to $343m despite lower revenues, for the six months ended 30 June 2020.

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Seplat Petroleum Development Company Plc (Seplat Plc) has achieved significant milestones in the 10 years of its existence including the landmark dual listing of the company on both the Nigerian and London Stock Exchanges.

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Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), remains a resilient business that generates significant free cash flow from a low cost production base; has a balanced portfolio split evenly between oil and gas (which is de-linked to oil price); and is focused on delivering shareholder returns through regular dividend distributions and capital growth, the chairman of the company, Dr. A.B.C. Orjiako has said.

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Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has assured that its increasing revenue from gas, low oil price hedging and good cash standing, provide strong resilience to the current oil price volatility.

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Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange and London Stock Exchange, has announces its audited results for the financial year ended 31 December 2019, posting a 13.4 per cent growth in profit before deferred taxes to US$270m. 

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