Seplat Energy Eyes $1.3 Billion Exxon Mobil Nigeria Deal

• Seplat Energy to finalise Exxon Mobil’s Nigerian unit purchase, aiming to boost oil output by 95,000 barrels daily.
• Seplat confident in overcoming legal and regulatory delays for the deal’s approval.

Seplat Energy’s CEO, Roger Brown, confirmed today the company’s determination to finalise the acquisition of Exxon Mobil Corporation’s $1.3 billion stake in Mobil Producing Nigeria Unlimited (MPNU) this year.