Elumelu’s Heirs Energies acquires 6 million Seplat Energy shares in £53.2m deal
Heirs Energies Ltd, a company controlled by Tony Elumelu, has acquired 6 million ordinary shares in Seplat Energy Plc, valued at £53.” Heirs Energies operates Oil Mining Lease (OML) 17 in the Niger Delta, with a daily output of 50,000 barrels of oil and 120 million cubic feet of gas.
Seplat Energy Plc is a Nigerian independent energy company focused on oil and gas exploration, production, and gas processing, primarily in the Niger Delta.
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