Modupe Gbadeyanka
By Modupe Gbadeyanka
One of the oil firms listed on the Nigerian Stock Exchange (NSE), Seplat Petroleum Development Company Plc (Seplat) has announced the approval of its half year financial results for the period ended June 30, 2017.
In a statement to the stock market regulator, Seplat, also listed on the London Stock Exchange (LSE), disclosed that the board approved the financial statements at its last meeting in London.
Mirian Kene Kachikwu, Seplat’s Secretary, stated that the firm “held its 46th Board meeting on Thursday, July 20, 2017, at the SEPLAT London Office, 50 Pall Mall, London, United Kingdom, SW1Y 5JH to approve its H1 2017 Financial Results.”
“The H1 2017 Financial Results was considered and approved by the Board of Directors and will be filed with the Exchange accordingly,” the statement noted.
Seplat is a leading indigenous Nigerian oil and gas exploration and production company with a strategic focus on Nigeria.
It is pursuing a Nigeria focused growth strategy and has a significant portfolio onshore Nigeria that provides a substantial current reserves and production base and material growth potential.
