REG - Seplat Energy PLC - Statement Regarding Recent Press Speculation

Seplat EnergyAnnouncement

29/11/2021 09:05

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RNS Number : 8647T  Seplat Energy PLC  29 November 2021

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

Seplat Energy Plc ("Seplat Energy" or "the Company")

Statement regarding recent press speculation

Lagos and London, 29(th) November 2021: 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.

Signed:

 

 Mr. Emeka Onwuka

(Chief Financial
Officer)

 

Enquiries:

 Seplat Energy
 Emeka Onwuka, CFO                                               +234 (0) 1 2 770 400
 Edith Onwuchekwa, Director Legal/Company Secretary
 Carl Franklin, Head of Investor Relations
 Chioma Nwachuku, Director, External Affairs and Sustainability

 FTI Consulting
 Ben Brewerton / Sara Powell                                     +44 (0) 203 727 1000

                                                                 seplat@fticonsulting.com

Notes to editors

Seplat Energy Plc is Nigeria's leading indigenous energy company. It is listed
on the Premium Board of the Nigerian Exchange (NGX: SEPLAT) and the Main
Market of the London Stock Exchange (LSE: SEPL).

Seplat Energy is pursuing a Nigeria-focused growth strategy and is well
positioned to participate in future asset divestments by international oil
companies, farm-in opportunities, and future licensing rounds. The Company is
a leading supplier of gas to the domestic power generation market. For further
information please refer to the Company website, http://seplatenergy.com/
(http://seplatenergy.com/) .

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