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Seplat acquires Eland Oil and Gas
Dec. 19, 2019
Source: Offshore Technology

Seplat acquires Eland Oil and Gas

Nigerian oil and gas firm, Seplat has concluded its £382m purchase of Aberdeen-based company Eland Oil & Gas. First announced in October of 2019, Seplat's acquisition of Eland had to get approval from 75% of Eland shareholders. Eland’s chief executive George Maxwell and chief financial officer Ron Bain will stay at the company during the transition period.

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