March 1 (Reuters) - Seplat Petroleum Development Company PLC
SEPLAT.LG :
* FULL YEAR 2020 FINANCIAL RESULTS
* FY REVENUE FELL 24 PERCENT TO 530.5 MILLION USD
* FY EBITDA 265.8 MILLION USD
* FINAL DIVIDEND OF $0.05 PER SHARE RECOMMENDED ($0.10/SHARE
FOR
FULL YEAR)
* FULL-YEAR PRODUCTION GUIDANCE OF 48-55 KBOEPD, SUBJECT TO
MARKET
CONDITIONS
* FULL-YEAR CAPEX EXPECTED TO BE AROUND $150 MILLION WITH
FOCUS ON
GAS PROJECTS & EXPLORATION WELL TO MEET RESERVES REPLACEMENT
TARGETS
* NIGERIA'S SEPLAT - FULL-YEAR TOTAL WORKING-INTEREST
PRODUCTION
FOR 2020 WAS WITHIN GUIDANCE AND AVERAGED 51,183 BOEPD
* NIGERIA'S SEPLAT - FY LOW UNIT COST OF PRODUCTION AT
$8.90/BOE,
WITH COST-CUTTING INITIATIVES ONGOING, PARTICULARLY AT
OML40/UBIMA
Source text for Eikon: ID:nRSA6089Qa
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