Seplat Energy extends purchase agreement of MPNU with ExxonMobil

Oil and gas companies, Seplat Energy and ExxonMobil, have extended the Share Sale and Purchase Agreement (SSPA) for the acquisition of Mobil Producing Nigeria Unlimited (MPNU).

In a statement obtained by Ripples Nigeria on Wednesday from the capital market authority, Nigerian Exchange Limited (NGX), on Wednesday, the new development was seen.

Seplat said it extended the purchase agreement to ensure there was no setback when they obtain applicable regulatory approvals.

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