Seplat Petroleum Development Co. Plc

Seplat Petroleum Development Co. Plc

Seplat Petroleum Development Co. Plc

Overview
Date Founded

2009

Headquarters

25A Lugard Avenue, Ikoyi, Lagos, NGA

Type of Company

Public

Employees (Worldwide)

405

Industries

Oil & Gas

Company Description

Seplat Petroleum Development Co. Ltd. engages in the exploration and development of oil and gas products. It focuses on hydrocarbon production and recovery form existing assets, as well as acquisition and farming to new properties such as onshore and shallow water offshore areas. The company was founded by Augustine Ojunekwu Avuru and Ambrosie Bryant Chukwueloka Orjiako on June 17, 2009 and is headquartered in Lagos, Nigeria.

Executives & Employees

Chief Executive Officer, MD & Executive Director

Chief Financial Officer & Executive Director

Executive Director, Operations Director

Company Secretary & General Counsel

General Manager-External Affairs & Communications

Board of Directors

Chairman & Chief Executive Officer at Shebah E&P Co. Ltd.

Chief Executive Officer & Director at Africa Growth Holdings (Pty) Ltd.

Special Adviser at EGS Energy Ltd.

Chief Executive Officer at √Čtablissements Maurel & Prom SA

Managing Partner at Compliance Professionals Plc

Former Managing Director at Nigerian Petroleum Development Co. Ltd.

Chief Executive Officer, MD & Executive Director at Seplat Petroleum Development Co. Plc

Chief Financial Officer & Executive Director at Seplat Petroleum Development Co. Plc

Paths to Seplat Petroleum Development Co. Plc
Potential Connections via
Relationship Science
You
Seplat Petroleum Development Co. Plc
Owners & Shareholders
Details Hidden

Ashburton Fund Managers (Pty) Ltd., part of FirstRand Ltd., is a company headquartered in Johannesburg,. The firm provides investment advice. Boshoff Grobler is currently the CEO of the company.

Details Hidden

Blakeney LLP is an active manager which is interested in the development of the telecommunications and banking industries in sub-Saharan Africa and the Arab world. The firm pursues a long-only, deep value equity strategy investing in stocks listed on the exchanges of emerging countries. Their portfolio consists of bottom-up value investments in cash-rich, unleveraged, growing companies as well as subsidiaries of developed country companies.

Details Hidden

Ashburton Fund Managers (Pty) Ltd., part of FirstRand Ltd., is a company headquartered in Johannesburg,. The firm provides investment advice. Boshoff Grobler is currently the CEO of the company.

Recent Transactions
Details Hidden

Seplat Petroleum Development Co. Plc purchases Belemaoil Producing Ltd.

Details Hidden

Seplat Petroleum Development Co. Plc issued Ordinary Shares

Details Hidden

Blakeney LLP, Mercuria Energy Group Ltd. purchase Seplat Petroleum Development Co. Plc from MPI SA

Transaction Advisors
Legal Advisor

Advised onSeplat Petroleum Development Co. Plc issued Ordinary Shares

Global Coordinator

Advised onSeplat Petroleum Development Co. Plc issued Ordinary Shares

Underwriter

Advised onSeplat Petroleum Development Co. Plc issued Ordinary Shares

Clients

Northern Nigeria Petroleum Corp. produces crude petroleum and natural gas. It also engages in exploration activities, refining, and products transportation as well as marketing. The company was founded on April 1, 1977 and is headquartered in Abuja, Nigeria.

Mercuria Energy Group Ltd. operates as an oil and gas company. It offers sourcing, supplying, and trading of crude oil and other petrochemical products. The firm also offers business management services for oil production services, fuels and electrical energy, and transport storage and delivery of goods. The company was founded by Marco Dunand and Daniel Jaeggi in 2004 and is headquartered in Larnaca, Cyprus.

Power Holding Co. of Nigeria Plc owns and operates hydropower sites. The company s headquartered in Abuja, Nigeria.

Key Stats and Financials As of 2017
Market Capitalization
$830M
Total Enterprise Value
$720M
Earnings Per Share
$0.37
Revenue
$351M
EBITDAMargin
47.96%
Total Debt
$421M
Total Equity
$1.11B
EBITDA
$168M
Net Profit
$206M
Three Year Compounded Annual Growth Rate Of Revenue
5.82%
Debt TEV
0.59x
TEVNet Income
3.5x
Enterprise Value EBITDAOperating
4.27x
Enterprise Value Sales
2.05x
Five Year Compounded Annual Growth Rate Of Revenue
8.57%
Suppliers
DeGolyer & MacNaughton Other Business & Consulting Services | Dallas, TX

DeGolyer & MacNaughton, part of DEI Holdings, Inc., is a company headquartered in Dallas, TX. The firm provides hydrocarbon evaluation services and related oil and gas engineering services.

Cardinal Drilling Ltd. Oil & Gas | Ikoyi, LA

Cardinal Drilling Ltd. is a Nigerian private company located in Ikoyi. The firm engages in drilling in land or swamp cluster.

Competitors
Tullow Oil Plc Oil & Gas - London, GL

Tullow Oil Plc engages in the exploration and production of oil and gas. It holds an interests and operates through the following geographical segments: West Africa, East Africa, and New Ventures. The firm offers exploration and appraisal, development and production, finance and portfolio management, and risk management business models. The company company was founded by Aidan Joseph Heavey in 1985 and is headquartered in London, the United Kingdom.

Kosmos Energy Ltd. Oil & Gas - Hamilton, HA

Kosmos Energy Ltd. is an independent oil and gas exploration and production company, which focuses on frontier and emerging areas in Africa and South America. Its asset portfolio includes existing production, discoveries, and exploration prospects offshore Ghana. It also involves the exploration licenses with hydrocarbon potential offshore Mauritania and Senegal, as well as exploration licenses offshore Cote d'Ivoire, Equatorial Guinea, Morocco, Sao Tome, and Principe, and Suriname. The company was founded by Brian F. Maxted on April 23, 2003 and is headquartered in Hamilton, Bermuda.

Oando Plc Oil & Gas - Lagos, LA

Oando PLC is one of Africa’s largest integrated energy solutions providers with a proud heritage. It has a primary listing on the Nigerian Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP), the Oando Group comprises six companies who are leaders in their market.