Seplat Petroleum Development Company Plc, an indigenous oil and gas producer, says it remains committed to more asset acquisitions in the exploration and production space, and to organic growth, the Chief Executive Officer of the company, Austin Avuru has said.
Avuru, who said this at the Nigerian Association of Petroleum Explorationists (NAPE) January Technical/Business Meeting on Mergers, Acquisitions, and Divestments in E&P Business held in Lagos explained that one of Seplat’s key mandate is to leverage opportunities in the oil and gas industry through the acquisition of more oil and gas assets.
This is coming after the company announced the completion of its Eland Oil and Gas Plc’s acquisition deal on December 17, 2019.
