Notice of Results

RNS Number : 3062V

SEPLAT Petroleum Development Co PLC

27 October 2014

 



27 October 2014

Seplat Petroleum Development Company Plc

("Seplat" or the "Company")

Notice of Results

Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigerian Stock Exchange and London Stock Exchange, announces that it will issue its interim financial results for the third quarter ended 30 September 2014 at 7:00 am UK time, 8:00am Lagos time, on Thursday 30 October 2014.

Conference call:

At 8:30 am (UK time), 9:30 am (Lagos Time) on 30 October, Austin Avuru (CEO) and Roger Brown (CFO) will host a conference call to discuss the Company's results. Access details are:

Telephone Number: [phone]

Conference ID (to be quoted):  SEPLAT PETROLEUM

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Notes to editors:

Seplat Petroleum Development Company is a leading indigenous Nigerian oil and gas exploration and production company with a strategic focus on Nigeria, listed on the Main Market of the London Stock Exchange ("LSE") (LSE:SEPL) and Nigerian Stock Exchange ("NSE") (NSE:SEPLAT).

In July 2010, SEPLAT acquired a 45 per cent participating interest in, and was appointed operator of, a portfolio of three onshore producing oil and gas leases in the Niger Delta (OMLs 4, 38 and 41), which includes the producing Oben, Ovhor, Sapele, Okporhuru, Amukpe and Orogho fields.  Since acquisition, Seplat has more than tripled production from the OMLs.  In June 2013, Newton Energy, a wholly-owned subsidiary of the Company, entered into an agreement with Pillar Oil to acquire a 40 per cent participating interest in the Umuseti/Igbuku Fields.  Seplat is pursuing a Nigeria focused growth strategy and is well-positioned to participate in future divestment programmes by the international oil companies, farm-in opportunities and future licensing rounds.

For further information please refer to the company website, http://seplatpetroleum.com/.

Enquiries

SEPLAT Petroleum Development Company Plc Andrew Dymond, Head of Investor Relations Chioma Nwachuku, GM - Corporate Affairs & Business Development	[phone] [phone]
FTI Consulting Ben Brewerton / Sara Powell / George Parker	[phone] [e-mail]

 

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