Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces that the Nigerian Upstream Petroleum Regulatory Commission ("NUPRC") has confirmed that consent has been granted by the Honourable Minister of Petroleum Resources in Nigeria, President Bola Ahmed Tinubu GCFR, to proceed with the acquisition of the entire issued share capital of Mobil Producing Nigeria Unlimited ("MPNU").

Seplat Energy sincerely thanks His Excellency, President Bola Ahmed Tinubu GCFR, for granting this approval, and appreciates the support and diligence of the various Ministries and regulators for all the work on this Transaction.

The Company will now work with all parties to bring the Transaction to completion.

KeyFacts Energy: SEPLAT Nigeria country profile   l   KeyFacts Energy: Acquisitions & Mergers news