OML 40: Seplat Announces Sibiri Well Drilling, Raises 2021 CapEx to $167m

Seplat Energy Plc has announced prospect drilling on its Sibiri oil well located at the Oil Mining Lease (OML) 40. Platforms Africa reports that the Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, which announced this at the weekend, added that it had raised the 2021 Capital Expenditure to $167 million. The company, according to a statement, also reported a nine month (Q3) 2021 revenue of N182.7bn, representing a rise of 18.7 per cent year-on-year. In its unaudited results for the nine…

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