The company also generated cash from its operations to the tune of N242.4 billion from N150.9 billion year-on-year, rising by 51.6 per cent.
Seplat Energy is paying a US7.5 cent final dividend, despite the significantly disrupted production experienced in the second half of the year. This amounts to a full-year dividend of US15 cents, representing a dividend yield of around 11 per cent at the current LSE share price.