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August 04, 2015 9:03 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Seplat Petroleum Development Company Plc

Company Overview

Seplat Petroleum Development Company Plc, an independent oil and gas company, explores, develops, and produces oil and gas related projects in Nigeria. Its portfolio comprises six blocks in the Niger Delta area. The company was founded in 2009 and is headquartered in Lagos, Nigeria.

25A, Lugard Avenue




Founded in 2009


234 1277 0400

Key Executives for Seplat Petroleum Development Company Plc

Chief Executive Officer and Executive Director
Age: 56
Total Annual Compensation: $1.9M
Chief Financial Officer and Executive Director
Age: 45
Total Annual Compensation: $1.6M
Chief Operating Officer and Executive Director
Age: 58
Total Annual Compensation: $1.3M
Compensation as of Fiscal Year 2014.

Seplat Petroleum Development Company Plc Key Developments

Seplat Petroleum Development Seeks To Acquire Asset In Nigeria

Seplat Petroleum Development Company Plc (LSE:SEPL) is seeking to acquire an asset in Nigeria. SEPLAT Petroleum said negotiations to acquire an asset in Nigeria that had previously faced delays have restarted. SEPLAT said it has reached an agreement to release the funds from an escrow account which was set up with a consortium to make a potential acquisition.

Orjiako Urges Federal Government To Sell Its Stakes

A.B.C Orjiako, Chairman and Founder of Seplat Petroleum Development Company Plc (LSE:SEPL) has urged the Federal Government to sell off its stakes in Nigerian National Petroleum Corporation. The Federal Government, through NNPC, owns shares in a number of joint exploration and upstream ventures with international oil companies.

Seplat Petroleum Seeks Acquisitions

Seplat Petroleum Development Company Plc (LSE:SEPL) is looking for acquisition opportunities. A.B.C Orjiako , Chairman and Founder of Seplat Petroleum said that they would be interested in buying, especially in the gas sector.

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