Investor Presentaiton
H1 2020 KEY MACROECONOMIC EVENTS
An unprecedented period of volatility as twin shocks hit the oil market
> Oil price recovering after twin shocks of
COVID-19 demand drop and KSA-Russia
price war
> OPEC+ cuts will reduce Seplat's W.I.
quotas in July/August but little impact
expected on full-year result
> Nigeria is relatively lightly affected by
COVID-19 with <59,000 cases reported
and <1,300 deaths as at 21/9/20
> Lockdown enforced in key centres, but oil
operations allowed to continue owing to
strategic and economic importance
> 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
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SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATION
BRENT FUTURES IN H1 2020 ($)
80
70
60
50
40
30
20
10
0
01/01/2020
01/02/2020
01/03/2020
01/04/2020
01/05/2020
01/06/2020
01/07/2020
EVOLUTION OF BRENT FORWARD CURVE ($)
60
50
40
30
20
Live
27/01/2020
Mar-20
Sep-20
Mar-21
Sep-21
26/06/2020
Mar-22
Sep-22
Mar-23
Sep-23
27/04/2020
Mar-24
Sep-24
Mar-25
Sep-25
Mar-26
Sep-26
Mar-27
Sep-27
Mar-28
Sep-28
Mar-29View entire presentation