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Seplat Announces Plan to Deliver 13 New Oil Wells

Seplat Announces Plan to Deliver 13 New Oil Wells Seplat Energy Plc has announced its drilling programme for 2024 with plans to deliver 13 new oil and gas wells across its operated and non-operated assets. The company disclosed this in its unaudited results for the first...

Seplat Suffers N49.8bn Loss Amid Oil Price Crash

Seplat Suffers N49.8bn Loss Amid Oil Price Crash     One of the nation’s indigenous independent oil companies, Seplat Petroleum Development Company Plc, posted a loss of $145.3m (N49.8bn) in the first half of this year, compared to a profit of $120.4m (N37bn) in the same period...

Seplat Set To Acquire Eland Oil For N174.2bn

Seplat Set To Acquire Eland Oil For N174.2bn   Seplat Petroleum Development Company Plc has revealed plans to acquire Eland Oil and Gas Plc for N174.2bn (£382m). Seplat said this in a notice on Tuesday that the recommended cash acquisition of Eland Oil would be effected by...