Seplat Energy PLC Incident involving the Majestic rig, Delta State (4218J)

TIDMSEPL

RNS Number : 4218J

Seplat Energy PLC

15 August 2023

Seplat Energy Plc

("Seplat Energy" or the "Company")

Incident involving the Majestic rig near Ovhor, Delta State

Lagos and London - August 15, 2023: Seplat Energy regrets to announce a serious incident on the Depthwise swamp drilling rig "Majestic" in the early hours of this morning. Seplat as the operator of the SEPLAT/NNPCL joint venture contracted the rig. It was in-transit to its planned drilling location at Ovhor in Delta State when it capsized.

92 of the 96-member crew are accounted for and safe. However, tragically one fatality occurred during the incident, while three other rig personnel are still missing.

Our thoughts and prayers are with the families and friends of the crew member who sadly lost his life and the three crew members who are still missing at the time of this report. Our emergency response and rescue efforts working alongside the rig owner and the authorities have been activated and are onsite. Our utmost priority will continue to be the safety and wellbeing of all the affected personnel and their families.

We will provide further details as our understanding of the incident develops. A detailed investigation into the cause of the accident will follow.

ENDS -

Signed:

Mr. Roger Brown

Chief Executive Officer

Enquiries:

 
 
                               Emeka Onwuka, Chief Financial Officer +234 1 277 0400 
 Samson Ezugworie, Chief Operating Officer 
 Chioma Afe, Director External Affairs and Sustainability 
 Edith Onwuchekwa, Director Legal/Company 
  Secretary 
 James Thompson, Head of Investor Relations 
 
 
 FTI Consulting 
 Ben Brewerton / Christopher Laing                                   +44 203 727 1000 
                                                                      seplatenergy@fticonsulting.com 
======================================  ============================================================ 
 
 Citigroup Global Markets Limited 
 Tom Reid / Luke Spells                                              +44 207 986 4000 
======================================  ============================================================ 
 
 Investec Bank plc 
 Chris Sim / Charles Craven / Jarrett                                +44 207 597 4000 
  Silver 
======================================  ============================================================

Notes to editors

Seplat Energy Plc is Nigeria's leading indigenous energy company. It is listed on the Nigerian Exchange Limited (NGX: SEPLAT) and the Main Market of the London Stock Exchange (LSE: SEPL).

Seplat Energy is pursuing a Nigeria-focused growth strategy through participation in asset divestments by international oil companies, farm-in opportunities, and future licensing rounds. The Company is a leading supplier of gas to the domestic power generation market. For further information please refer to the Company

website,   http://seplatenergy.com/

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August 15, 2023 13:10 ET (17:10 GMT)

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