Investor Presentaiton
TIMETABLE OF KEY DE-RISKING EVENTS
Seplat is progressively de-risking the business
EVENT
AMUKPE-ESCRAVOS
PIPELINE
ANOH FINANCING
ANOH FIRST GAS
SAPELE GAS PLANT
UPGRADE
AMOBE RESERVE
QUANITIFICATION
EXPECTED IMPACT
EXPECTED
> Immediate increase in revenues by reducing downtime
from 25% to 10% and losses from 8% to 3%
H2 2020
> Successful completion of funding substantially
de-risks ANOH project
> Dividend stream from AGPC joint venture
> Strengthens Seplat's position as Nigeria's leading gas
supplier
Q4 2020
Q4 2021
› Restores Sapele output at higher 75MMscfd capacity
> Higher revenues at higher margin
H1 2022
> Converts 2C reserve to 2P, with strong potential
for valuation uplift
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SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATION
2021-22View entire presentation