The Company’s full-year CAPEX of $120million ($86million already invested) would also include two gas wells and related infrastructure. We are operating within our covenants on all our lines of debt,” the Seplat CEO said. “This is my final set of results as Chief Executive of the Company I helped to found 10 years ago. I thank all my staff, past and present, for working to make Seplat a major force in Nigerian energy production. I hand a robust and successful company over to RogerBrown, the incoming CEO, in the confidence, that he and everyone at Seplat will make its second decade even more successful than its first.”NIGERIAN TRIBUNE

Source: Nigerian Tribune July 29, 2020 14:26 UTC