Investor Presentaiton
SEPLAT'S OIL BUSINESS
Nigeria has low-cost operations across Nigeria's productive oil region
AT A GLANCE
A PORTFOLIO OF DE-RISKED ASSETS OPERATING AT LOW COST
W.I. 2P RESERVES *
Eight OMLS
> Equity share of 7 OMLS
› Operator of 4 blocks
> Mature, de-risked assets
Favourable
geology and
locations
> Substantial reserves
> Prolific swamp wells
> Favourable locations
252 MMbbl
LOW COST OF PRODUCTION
$8.73/boe
OML 4, 38, 41
Main oil producing asset
> 164 MMbbl 2P reserve
> Partner with NPDC
> 45 MMbbl 2P reserve
OML 53
› Significant gas reserves
> Partner NNPC
W.I. VOLUMES (9M 2020)
**
OML 40
$
33,327bopd
> 45% share via Elcrest
> 29 MMbbl 2P reserve
Huge potential at Amobe
OPL 283
Ubima
> Each a 40% JV
> Additional producing fields
> Small-scale operations
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SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATION
* Reserve volumes stated at 1/1/20 are based on independent estimates from Ryder Scott (Seplat) and NSIA (Eland)
** reverts to 20.25% after Westport loan is fully repaidView entire presentation