Seplat Energy Share News (SEPL)

IN BRIEF: Seplat unaware Mobil Producing Nigeria deal called off

Seplat Energy PLC - Lagos-based oil and gas company focused on Nigeria - Notes it receives no notification of the proposed acquisition of Mobil Producing Nigeria Unlimited having ministerial approval withdrawn.

IN BRIEF: Seplat denies reports of Exxon deal approval "impropriety"

Seplat Energy PLC - Lagos-based oil and gas company focused on Nigeria - Says it has become aware of news and social media reports "alleging impropriety" in the process of securing ministerial consent for Mobil Producing Nigeria Unlimited deal. "Such reports are wholly untrue and the company will pursue legal action against any parties involved in disseminating false information related to its business," it says.

IN BRIEF: Seplat gets ministerial approval for Exxon Mobil deal

Seplat Energy PLC - Lagos-based oil and gas company focused on Nigeria - Receives letter from minister of state for petroleum resources that Muhammadu Buhari, president of Nigeria, has approved that ministerial consent be granted to Seplat Energy Offshore Ltd's USD1.28 billion acquisition of Mobil Producing Nigeria Unlimited from Exxon Mobil Corp.

IN BRIEF: Seplat Energy commissions Amukpe-Escravos pipeline

Seplat Energy PLC - Lagos-based energy company focused on Nigeria - Begins the commercial injection of crude oil through its new Amukpe-Escravos pipeline. The 67 kilometre pipeline is expected to provide a "more reliable and secure" export route for liquids from Seplat Energy's major assets OML 4, 38 and 41, connecting them with the Chevron Corp-operated Escravos terminal. It has a capacity of 160,000 barrels of oil per day, of which the Seplat Energy and NPDC joint venture is entitled to inject 35,000 bbl/day. Adds that dewatering was completed on Friday.

EARNINGS UPDATES: Forterra profits from housing; Metro loss narrows

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News:

TRADING UPDATES: BlueRock hit by extreme weather; Harbour drills well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

EXECUTIVE CHANGES: SDI hires former Ultra Electronics CFO as new CFO

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

IN BRIEF: Seplat appoints new chair; Mobil Producing buy blocked

Seplat Energy PLC - Lagos-based energy company focused on Nigeria - Appoints Basil Omiyi as non-executive chair with immediate effect, following internal and external search processes.

Seplat Energy's retiring Chair Orjiako in talks about future role

(Alliance News) - Seplat Energy on Monday said it is in talks with its departing chair regarding a future role with the Nigeria-based energy supplier.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Seplat Energy triples profit in 2022 on higher oil prices

Seplat Energy PLC - Lagos-based energy company focused on Nigeria - Reports a pretax profit of USD83.4 million in the first quarter of 2022, nearly triple the previous year's figure of USD28.0 million. Crude oil revenue was 74% higher at USD216.2 million, up from USD124.1 million. This reflected higher average realised oil prices in the quarter, Seplat explains. Gas revenue fell by 9.7% to USD25.6 million from USD28.4 million due to lower gas volumes and lower customer offtake. Production stoppages in February and March also contributed to lower gas revenue.

DIRECTOR DEALINGS: Taseko Mines director buys shares worth USD293,000

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

IN BRIEF: Seplat Energy says deal with Exxon Mobil not terminated

Seplat Energy PLC - Lagos-based oil and gas company focused on Nigeria - Responds to newspaper report pertaining to shallow water assets in Nigeria, saying that its sale and purchase agreement with US oil major Exxon Mobil Corp has not been terminated. This follows newspaper and social media reports that the Nigerian National Petroleum Company Ltd had exercised a right of pre-emption under the NNPC/Mobil Producing Nigeria Unlimited joint operating agreement. Says MPNU, is not a party to the sale and purchaseand continues to hold its interests, rights and obligations under the NNPC/MPNU JOA.

EARNINGS REPORTS: Dalata hotels narrows loss and moves into Europe

(Alliance News) - The following is a round-up of earnings issued by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Tintra faces sale delay; Seplat makes acquisition

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: