Market reaction: neutral. While YE15 Net Debt is higher than we anticipated, the Company is anticipating a lifting payment of about US$74 mm which would bring down net debt closer to our forecasts.

25 Jan 2016
TRADING STATEMENT AND OPERATIONS UPDATE

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TRADING STATEMENT AND OPERATIONS UPDATE
Seplat Energy PLC (SEPL:LON) | 246 0 0.0% | Mkt Cap: 1,477m
- Published:
25 Jan 2016 -
Author:
Stephane Foucaud -
Pages:
2 -
Market reaction: neutral. While YE15 Net Debt is higher than we anticipated, the Company is anticipating a lifting payment of about US$74 mm which would bring down net debt closer to our forecasts.