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H ,you may be able to get abit back under the double tax treaty between UK and Nigeria ( google results)I have never tried as seems difficult.

P

Good close today, especilly as ex div too

Hi H, yes final 8.3c paid May29th, Q1, 9c paid June 19th, so like buses!

Looking v strong going forward, April prod up to 153K boepd ,full exposure to current oil price.plus 9c div in June to follow on from the 8.3c final in May.

Q1 results 30th April

Broken 10,000 on Nigerian Xchange for first time.

Always find it useful to sell a few shares in a holding to see how i feel about the position.With SEPL always end up buying them back .

Spot on SeaT, Sustainable Capital was the seller.

There should be a holding rns soon on that volumn H.

Will be v interesting to see who the parties are.

Hi H,if the headline tax rate comes down 20+% as a ball park figure fr memory fr previous company presentations, then i would expect 50 ish% increase to free cash flow.Obviouly alot of varibles regarding O&G price to affect returns.( happy to be corrected if that seems out of line)

With or without The War , still looking v good value.

When full PIA convertion takes place no reason why dividend should'nt double again.

L/Fund , share those sentiments abit, general market still seems to be pricing in a short lived event.

V true STank

Even the mighty Exxon only has 15years and Shell is down under 10 years reserve life now.

Thanks Pacifico,

I'm also invested in AAZ , but sadly did'nt 'find' it till 2020, agree outlook looks very positive there.

For the record my largest holding is SEPL , also Nigeria hence why many ignore, but one of the v few O&G shares hitting new highs.

Impressive holding Pfo.

PS whats your largest holding in?

Thankyou

M&P"s sale price to Heirs looking abit of a gift now.

8000N broken for 1st time on Nigerian market.

Sounds like another potential opporunity for Seplat

Seems broadly positive and cements Sepl at very heart of the greater Nigerian growth story.

Seplat could buyback the shares one day?

Trading volumes in London and also Nigeria are v low, so relatively small volumes can unduly influence daily prices.

Yes mkt asleep at the wheel at open,great div news, net debt down substantially. V impressive numbers.

Gold miners v strong in US also this evening