Investor Presentaiton
9M 2020 KEY MACROECONOMIC EVENTS
An unprecedented period of volatility as twin shocks hit the oil market
> Oil price more stable after twin shocks of
COVID-19 demand drop and KSA-Russia
price war, but will depend on scale of any
future lockdowns in major economies
> OPEC+ cuts imposed on Nigeria in Q3
> Nigeria is relatively lightly affected by
COVID-19 with <62,000 cases reported
and <1,200 deaths as at 28/10/20
> Very little direct impact of COVID-19 on
Seplat and its operations at fields or
offices, but continuing to monitor
developments and enforce safety protocols
including pre-deployment quarantine and
regular testing
> End SARS demonstrations have led to
local travel restrictions including to fields
but no impact on current production
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25
02/01/2020
35
45
55
65
BRENT FUTURES IN 9M 2020 ($)
02/02/2020
02/03/2020
02/04/2020
02/05/2020
02/06/2020
02/07/2020
EVOLUTION OF BRENT FORWARD CURVE ($)
02/08/2020
39
SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATION
02/09/2020
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30
Apr-20
Apr-21
Apr-22
Apr-23
Apr-24
Apr-25
Apr-26
Apr-27
Apr-28
12/10/2020
10/07/2020
09/04/2020
12/02/2020
02/10/2020View entire presentation