Heirs Energies Limited Acquires Maurel & Prom’s 20.07% Stake in Seplat Energy Plc

Heirs Energies, Africa’s leading indigenous integrated energy company, has acquired the entire 20.07% equity stake (120.4 million ordinary shares) previously held by Maurel & Prom S.A. in Seplat Energy Plc (Seplat Energy). The company acquired it at a price of GBP3.05 pence per share, valuing the transaction at approximately US500 million. Commenting on the transaction, […]