DROK ENERGY JOURNAL: SEPLAT First Quarter Pre-tax Profit by Dr Wole Kupolokun

It seems the low crude oil prices and pipeline persistent pipeline vandalism in Nigeria have had a tremendous effect on SEPLAT. Reuters notes that the company posted a 47 percent drop in first quarter pre-tax profit. The oil and gas exploration firm said its oil price during the first three months to end-March averaged 52.8 per barrel, booking a p ...