Latest Breaking News On - Westport oil - Page 1 : comparemela.com
Seplat Chairman, ABC Orjiako gains N14 66 billion in 8 months
nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.
Seplat s subsidiary, Westport Oil secures $50 million offtake lending facility
nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.
Nigeria’s largest oil and gas offering
Published by: Sandy Bhadare at 20/04/2021 A Nigerian oil and gas company has engaged Templars on the issuance of Nigeria’s largest ever oil a.
A Nigerian oil and gas company has engaged Templars on the issuance of Nigeria’s largest ever oil and gas bond offering.
Seplat Petroleum Development Company, headquartered in Nigeria and dual-listed on the London and Nigerian stock exchanges, offered senior notes totalling USD 650 million, to be listed on the
London Stock Exchange (LSE).
The offering, which tops the charts for any offering on the international capital markets by a Nigeria-based issuer, exceeds its first bond issuance in 2018, which totalled USD 350 million.
Information on the Company The Company would like to take this opportunity to share with its Shareholders an update on its operations and commercial developments. The Company has acquired a balanced portfolio of assets including Otakikpo, a producing asset with near term upside; OPL 276, a potential near-term producing asset with significant resource potential; OPL 310, where the world-class appraisal asset Ogo is located; and OPL 325, which provides additional exploration optionality. Otakikpo - producing asset Despite the wider impact of COVID-19, operations at Otakikpo continue to run effectively. For the first half of 2020, production from Otakikpo averaged approximately gross 5,676 bopd, (2,271 bopd net to LEKOIL Nigeria). This year, the Company announced the execution of definitive agreements for the next phase of the Otakikpo marginal field development. These definitive agreements comprise of service agreements with Schlumberger which cover th
vimarsana © 2020. All Rights Reserved.