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  • 29 Apr 2016

1Q16 RESULTS


Seplat Energy PLC (SEPL:LON) | 240 0 0.0% | Mkt Cap: 1,441m


  • Stifel FirstEnergy
    • Stephane Foucaud

    • 2 pages


 

Market Reaction: negative on low production (compared to what we carry), higher net debt than we anticipated, growing NPDC receivables from the US$320 mm reported in the last announcement and our expectations of a reduced FY16 Guidance given continued shut down at Forcados.


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1Q16 RESULTS


Seplat Energy PLC (SEPL:LON) | 240 0 0.0% | Mkt Cap: 1,441m


  • Published: 29 Apr 2016
  • Author: Stephane Foucaud
  • Pages: 2
  • Stifel FirstEnergy


Market Reaction: negative on low production (compared to what we carry), higher net debt than we anticipated, growing NPDC receivables from the US$320 mm reported in the last announcement and our expectations of a reduced FY16 Guidance given continued shut down at Forcados.



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