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Seplat Energy to acquire ExxonMobil’s shallow water business in Nigeria

Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, is pleased to announce that it has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (“MPNU”) from Exxon Mobil Corporation, Delaware (“ExxonMobil”) (the “Transaction”). Completion of the Transaction is subject to Ministerial Consent and other required regulatory approvals.