Home Business Capital Seplat Energy Says In Discussion To Acquire ExxonMobil’s Nigerian Business
Capital

Seplat Energy Says In Discussion To Acquire ExxonMobil’s Nigerian Business

Share
Logo
Share

Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, notes the recent press speculation, and confirms that Seplat Energy, together with a partner, is in competitive discussions to acquire ExxonMobil’s Nigerian shallow water business. Deliberations are ongoing and accordingly, there can be no certainty as to the outcome.

A further announcement will be made as and when appropriate, in line with regulatory requirements.

The person responsible for arranging the release of this announcement on behalf of Seplat Energy is Emeka Onwuka, CFO Seplat Energy.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Stanbic IBTC’s N148.7bn Rights Issue Launches On NGX Invest

The Nigerian Exchange’s (NGX) e-offering platform, NGX Invest, continues to revolutionize capital-raising...

LG Allocation: SEC To Improve Framework On Borrowing By Governments, Corporates

The Securities and Exchange Commission has expressed its readiness to improve the...

SEC To Intensify Crackdown on Ponzi Schemes, Develop Commodities Market 

The Securities and Exchange Commission (SEC), on Sunday said it will intensify...

Access HoldCo Lauds NGX Invest Over N351bn Capital Raise

The Chairman, Access Holding Company Plc, Mr Aigboje Aig-Imuokhuede, CFR, has commended...