Seplat Energy converts onshore assets to PIA regime

Seplat Energy Plc has disclosed that its subsidiaries Seplat West Limited (“Seplat West”) and Seplat East Onshore Limited (“Seplat East”), have completed the conversion of their operated onshore assets to the Petroleum Industry Act (“PIA”) fiscal regime replacing the Petroleum Profit Tax regime. The conversion, it stated, relates to assets formerly held under OML’s 4, […]