Seplat Energy PLC - Lagos-based oil and gas company focused on Nigeria - Says it has become aware of news and social media reports ‘alleging impropriety’ in the process of securing ministerial consent for Mobil Producing Nigeria Unlimited deal. ‘Such reports are wholly untrue and the company will pursue legal action against any parties involved in disseminating false information related to its business,’ it says.

On Monday, Seplat said Muhammadu Buhari, president of Nigeria, approved that ministerial consent be granted to Seplat Energy Offshore Ltd’s $1.28 billion acquisition of Mobil Producing Nigeria Unlimited from Exxon Mobil Corp.

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12-month change: up 27%

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