Seplat's Chairman ABC Orjiako on recent acquisitions and growth targets (Video)

Seplat’s Chairman ABC Orjiako on recent acquisitions and growth targets
Seplat‘s Chairman, ABC Orjiako, speaks about Seplat’s recent acquisitions of oil blocks OMLs 53 and 55, the development of gas operations, and hopes to meet a production target of 85,000 barrels a day by 2017.

Seplat is targeting a doubling of its gas processing capacity by the end of the first quarter of 2015.

Nigeria‘s Seplat recently terminated talks to acquire London-based Afren, after weeks of negotiations. The majority of Afren’s oil fields are in Nigeria.

In April 2014, Seplat completed a $500 million initial public offering dual-listing on the Nigerian Stock Exchange and London Stock Exchange.

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