ERCE Group News
Seplat Energy Announce Acquisition of MPN Assets in Nigeria
On 25 February 2022, Seplat Energy Plc announced that it has entered an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (“MPNU”), Exxon Mobil Corporation’s shallow water business in Nigeria.
As an independent energy consulting group, ERCE’s multi-disciplinary team collaborates to find solutions and add value to the technical and commercial challenges given to us by clients for the evaluation of upstream energy projects.
A combination of our skills and experience makes us an established name in the field of oil and gas Reserves and Resources Evaluation across the globe. Our technical abilities alongside our longstanding association with the Society of Petroleum Evaluation Engineers (SPEE) make us experts in international reporting standards including SPE/PRMS, SEC, NI 51-101, UNFC. Our abilities enable us to assist clients requiring specifically tailored reports for:
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- Financial activities including raising equity, flotations, bonds and debt applications
- A&D processes
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