Seplat Energy PLC (STU:134)
€ 2.68 0.1 (3.88%) Market Cap: 1.84 Bil Enterprise Value: 2.19 Bil PE Ratio: 26.32 PB Ratio: 1.17 GF Score: 57/100

Q4 2019 Seplat Petroleum Development Company PLC Earnings Call Transcript

Mar 23, 2020 / 09:00AM GMT
Release Date Price: €0.56 (+30.23%)
Operator

Ladies and gentlemen, welcome to the Seplat Petroleum full year results conference call. My name is Emma, and I will be the operator for your call this morning. (Operator Instructions) I will now hand you over to Austin Avuru. Please go ahead.

Ojunekwu Augustine Avuru
Seplat Petroleum Development Company Plc - CEO, MD & Executive Director

Thank you. Good morning, everybody. It's nice to know that you can manage to join this broadcast in these very difficult times. I'm Austin Avuru, CEO of Seplat, sitting here at our boardroom in Lagos. We have the Operational Director, Effi, also here in Lagos; and Roger Brown is in our office in London. [You're] welcome.

Let me quickly give the highlights of what we did in 2019 following some of those gaps were identified when we did a half year broadcast in 2019. We worked very hard during the second half to bridge those gaps and eventually produced the results you're seeing today.

Average production -- average daily production of about 46,500 barrels equivalent, consisting of about 24,000 barrels of

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