Investor Presentaiton
DELIVERY OF THE PLAN Q4 2023
Seplat
nergy
Priorities for 4Q 2023
Operational
■ Execute revised drilling plan to deliver six more wells in Q4 2023
■ Continue to address natural decline and develop
alternative export routes to improve revenue assurance
Growth
Complete ANOH gas plant
■ Work with government partners to deliver OB3 and Spur line for
ANOH
■ Pursue approval for MPNU acquisition
Financial
KEY 2023 GUIDANCE ITEMS
2023
Initial
Guidance
2023
Updated
Guidance
9M23
Actuals
Production
(kboepd)
45-55
46-50
48.2
Operating costs
($/boe)
9.0-10.0
9.0-10.0
9.7
Capex
■ Deliver +ve FCF and further reduce Net Debt into year end
160
160-180
125
($m)
■ Continue our commitment to reward shareholders
Sustainability
■ Mature New Energy project evaluation process
■ Focus on Flares Out projects at Oben, Amukpe, Sapele, Jisike
■ Deploy renewable power in community projects
21 SEPLAT ENERGY INVESTOR PRESENTATION
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