Eland oil and gas ipo

18 Dec 2019 Seplat Petroleum Development Company Plc (NGSE:SEPLAT) has completed the acquisition of Eland Oil and Gas in a scheme that cemented 31 Aug 2012 The Company and the Directors of Eland Oil & Gas PLC (the has been responsible for a number of oil and gas and mining IPOs and capital. Eland Oil & Gas (ELA). 165.8p 0.00 (0.00 %). 17 Dec 2019, 7:30 · NB: This symbol is no longer being updated. Find out how to deal online from £1.50 in a SIPP, 30 Oct 2019 Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, 21 Oct 2019 Retreat of oil majors has allowed independent players to grow. Seplat Petroleum Development Co. agreed to buy Eland Oil & Gas Plc, Nigeria's Sahara to raise up to $1.4B in London & Lagos IPOs along with debut dollar

Lagos, Nigeria. Atlantic House 121 Louis Solomon Close Victoria Island Lagos Nigeria. Tel: +234 1 631 0920

30 Oct 2019 Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, 21 Oct 2019 Retreat of oil majors has allowed independent players to grow. Seplat Petroleum Development Co. agreed to buy Eland Oil & Gas Plc, Nigeria's Sahara to raise up to $1.4B in London & Lagos IPOs along with debut dollar 21 Oct 2019 Recall, Eland is a Nigeria focused upstream oil and gas exploration shareholding in Seplat and was followed by other pre-ipo investors. On 17 December 2019 Eland Oil and Gas was acquired by Seplat Petroleum Development Company Plc. For further information on Seplat please click: https://seplatpetroleum.com For further information on Operations please click here.

Also, Eland Oil & Gas announced that following a redetermination, the borrowing base amount has increased from $103 million to $134 million and an initial accordion increase of $50 million is being underwritten by The Standard Bank of South Africa Limited and Stanbic IBTC Bank PLC, resulting in the commitments under the facility increasing from $75 million to $125 million.

Eland Oil & Gas PLC (Incorporated and registered in Scotland under the Companies Act 2006 as amended, with registered number SC364753) Placing of 118,000,000 New Ordinary Shares at 100p per share and Admission to trading on AIM Nominated Adviser & Broker Canaccord Genuity Limited

Saudi Arabia’s national oil company Saudi Aramco has issued its prospectus to potential investors in its initial public offering (IPO). “The public sale of shares in the world’s biggest oil exporter will be the first time since the 1970s that private and foreign investors will have been able to own a stake in the Gulf’s upstream oil and gas assets," said Colin Foreman, deputy editor at GlobalData.

Eland Oil & Gas PLC is a Nigeria focused upstream oil and natural gas exploration and IPO Status Public Stock Symbol LSE:ELA Company Type For Profit. 3 Sep 2012 Shares in Nigeria focused Eland Oil & Gas got off to a solid start in the As well as the cash raised from the IPO, the company has secured a 16 Oct 2019 Seplat Petroleum to buy Eland Oil and Gas in Nigeria for £382m. Exchange in April 2014, raising $535m in an initial public offering (IPO).

16 Oct 2019 Seplat Petroleum to buy Eland Oil and Gas in Nigeria for £382m. Exchange in April 2014, raising $535m in an initial public offering (IPO).

There is no IPO market for oil and gas independents today. Why is this? Because the market value of publicly traded shale companies today is less than the cost of replacing the leaseholds, seismic, reserves and drilling inventory that make up their assets. Eland Oil & Gas PLC (AIM:ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce the results of a new competent persons report ("CPR" or "Report") provided by Netherland, Sewell & Associates Inc. ("NSAI") as at 31 December 2018. Eland intends to re-commission existing infrastructure and restart existing wells to re-commence production at an initial gross rate of 2,500 barrels (400 m 3) of oil per day with a target to grow gross production to 50,000 barrels (7,900 m 3) of oil per day within four years. The OML 40 area produces light oil with low gas to oil ratio (GOR) and has a very strong aquifer drive resulting in high ultimate recoveries. OML 40 has gross 2P oil reserves of 83.4 million barrels (mmbbls) found in the Opuama and Gbetiokun fields. Eland Oil & Gas PLC (Incorporated and registered in Scotland under the Companies Act 2006 as amended, with registered number SC364753) Placing of 118,000,000 New Ordinary Shares at 100p per share and Admission to trading on AIM Nominated Adviser & Broker Canaccord Genuity Limited