Seplat Petroleum Development Company Plc Announces Production Results for the Year Ended December 31, 2015; Provides Revenue Guidance for 2015
January 25, 2016 at 07:00 am
Seplat Petroleum Development Company Plc announced production results for the year ended December 31, 2015. Full year 2015 working interest production of 43,372 boepd - ahead of guidance and up 41% year-on-year. Current daily working interest production running at around 55,000 boepd - oil and gas rates both strong. Net debt as at 31 December 2015 was USD 537 million.
2015 revenue expected to be USD 550 million to USD 600 million.