Seplat Energy Share Price (SEPL)

Https://www.nuprc.gov.ng/news-updates/

A further snipit from "this day newspaper Nigeria " was The president tweeted after the meeting, “It was a pleasure to play host to Exxon Mobil executives, Liam Mallon and Adesua Dozie at the State House earlier today. The meeting marks the continuation of this administration’s efforts to secure the collaboration of critical players in the oil sector towards ensuring stability, transparency, and fair competition in the sector. which does speak volumes to me. regards H.

Its hard to know where to start, firstly this is Nigeria, a ever growing economy and population, I have been in this share ever since seplat aquired elland back around 5 years ago. I would be very surprised if this deal dosent go through now (probably take a further 2 months before everything is signed) because this will set a trend to foreign investor groups paving the way for further deals. Dont forget also the capitol this will put into Nigeria's coffers allowing funding for the country which is badly needed, if you think about the pollical structure is changing, the government is sorely missing the cash from the gold mine which is oil/gas. I am hoping that this all goes through amicably, as Im sure there will be big international investors keeping a eye on things. as always GL everyone wo is invested regards H. may I also add some fantastic insight into figures and facts from seatank and others.

As in most business, common sense, a balanced outcome and an end date for final sign off.

Everyone is keen to get this over the line !!

Big day today. Will they or wont they agree? Fit for a Nollywood blockbuster!

Seems the regulator wants money to be set aside for various legal requirements. I wonder who will fit the bill? Who needs this deal the most?

THISDAY is reporting that the parties have two mutually exclusive options, a full audit or accept provisions required for decomm, communities and environment. As these are mature fields, most of this cost should fall on Exxon.

In Seplat’s last update, the discussions were described as being constructive, I assume this means the discussions have been beneficial for Seplat?

Exxon needs to demonstrate that it’s making progress to realign its portfolio and would be keen to get closure. Otherwise, it risks getting bogged down for many years to come and may still be no better off.