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At a glance

Nigeria’s leading independent energy provider

Seplat Energy is Nigeria’s leading independent energy provider, listed on both the Nigerian Exchange and the London Stock Exchange.

Since our inception in 2010, we have built an energy business based upon hydrocarbon production in the Niger Delta, exporting oil that supports Nigeria’s economy and delivering gas to power its homes and businesses.

In 2019 we became the first Nigerian company to acquire a UK-listed peer, Eland Oil & Gas Limited, to strengthen our portfolio. In 2021, we were directed by our Board to explore ways to drive Nigeria towards renewable energy.

8

oil and gas blocks in the Niger Delta (4 operated directly)

50,787

boepd production in H1 2021 (30,029 bopd oil, 20,758 boepd gas)

25%-30%

Proportion of Nigeria’s electricity grid powered by our gas

500+

staff

$6.2bn

generated in revenue share for Nigeria

$1.4bn

paid in royalties and taxes

$4.9bn

paid to Nigerian contractors and staff since inception (inc. JV share)

$390m

revenues in the first six months of 2021

$400m

paid in dividends to shareholders since listing

History

Seplat Energy was formed in June 2009 through the partnership of Shebah Petroleum Development Company Limited and Platform Petroleum Joint Ventures Limited.

Our people

Our employees are our greatest assets, and we are committed to ensuring their safety and welfare, and their health, happiness and professional development.