The security situation in Nigeria continues to weigh on Seplat’s performance, with oil production constrained by the closure of the Forcados terminal. Gas production appears to be back at plateau and Seplat is establishing alternative export routes at Warri to re-establish some production sometime in 2H16. The Company is not providing any guidance for production or Capex in 2016 until Forcados returns to normality. As we take more conservative views, we are reducing our WI oil and gas p ....