The Niger Delta-focused explorer is looking toraise at least $500 million through the listing on the London Stock Exchangemain board as well as the Nigerian Stock Exchange.
The move, which has been mooted for some time,would allow Seplat to pay off some debt but also plough cash into acquisitionsand farm-ins, sticking to the onshore and shallow-water offshore Niger Deltaregion, where it currently operates.
“Seplat
