Seplat Petroleum Development Company Plc

(SEPL)

Seplat Petroleum Development Company Limited, formed by two Nigerian E & P companies viz; Shebah E & P and Platform Petroleum, was registered in 2009 as a Special Purpose Vehicle (SPV) for the acquisition of 45% Interest in Oil Mining Licenses 4, 38 and 41.

Maurel & Prom, a French Independent energy company, subsequently acquired a 45% equity in SEPLAT while Shebah E &P & Platform retained 55% to maintain SEPLAT's indigenous status. Maurel & Prom has a track record in E & P Operations in Gabon, Republic of Congo, Tanzania and Colombia.