NEWS: Boost For Nigeria: After Acquiring ExxonMobil, Seplat Moves to Revive 400 Oil Wells

Boost For Nigeria: After Acquiring ExxonMobil, Seplat Moves to Revive 400 Oil Wells

Nigerian oil firm Seplat Energy has expressed plans to revive 400 oil wells abandoned by Mobil Oil Producing Unlimited NigeriaThe company disclosed this after completing the acquisition of ExxonMobil for $1.28 billionThe deal leveraged the foreign companies leaving Nigeria, which has caused concerns among industry players

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

Seplat Energy Plc has disclosed plans to revitalise…

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