Modupe Gbadeyanka
By Modupe Gbadeyanka
The Board of Directors of Seplat Petroleum Development Company Plc has approved the 2016 Full Year Financial Results.
The company, in a statement issued on Friday, disclosed that the board, at its meeting, considered and approved the financial statements.
It promised to file the approved 2016 full year results to the Nigerian Stock Exchange (NSE) as required.
Seplat said in the statement that the board held its 43rd meeting on Thursday, March 23, 2017, at The George Hotel in Lagos.
Seplat Petroleum Development Company Plc is a leading indigenous Nigerian oil and gas exploration and production company with a strategic focus on Nigeria, listed on the Main Market of the London Stock Exchange and the NSE.
The firm 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. Seplat is well positioned to participate in future divestment programmes by the international oil companies, farm-in opportunities and future licensing rounds.
