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Seplat Energy Plc (Nigeria)

Main Activities: Support Activities for Oil and Gas Operations
Full name: Seplat Energy Plc Profile Updated: December 11, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Seplat operates as an independent oil and gas exploration and Production Company incorporated and operating in Nigeria with strategic focus on Nigeria. The company was founded in June 2009 by entities controlled by Dr A.B.C. Orjiako (the Chairman of SEPLAT) and Austin Avuru (the Managing Director and Chief Executive Officer of SEPLAT) to facilitate the acquisition of OMLs 4, 38 and 41 from Shell, Total and ENI. Seplat has become a leading indigenous oil and gas operator in Nigeria. The company has increased its production and reserves year-on-year and has grown revenues and net profit in each year since it commenced operations.

Headquarters
16A Temple Road, Ikoyi
Lagos; Lagos;

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Website: http://www.seplatenergy.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 13, 2026
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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20.46%
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13.77%
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10.15%
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8.5%
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5.4%
Subsidiaries
Eland Oil And Gas Limited (United Kingdom)
100%
Seplat Energy Investment Limited
100%
Seplat Energy Offshore Limited
100%
Company Performance
Financial values in the chart are available after Seplat Energy Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
213.4%
Total operating revenue
199.61%
Operating profit (EBIT)
157.36%
EBITDA
174.52%
Net Profit (Loss) for the Period
177.85%
Total Assets
72.92%
Total Equity
-3.58%
Operating Profit Margin (ROS)
-7.21%
Net Profit Margin
-0.56%
Return on Equity (ROE)
3.55%
Debt/Equity
12.15%
Quick Ratio
-0.47%
Cash Ratio
-0.35%

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