PROBTIUM LIGHT

Seplat Petroleum Development Company (SEPLAT) is a Nigerian independent oil and gas company listed on both the London and Nigerian stock exchanges with a strategic focus in the Niger Delta of Nigeria. SEPLAT was formed in June 2009 through the partnership of Shebah Petroleum Development Company Limited and Platform Petroleum Joint Ventures Limited to specifically pursue upstream oil and gas opportunities in Nigeria, and in particular divestment opportunities arising out of the incumbent Major IOC’s portfolios. In July 2010, SEPLAT acquired a 45 percent participating interest in, and was appointed operator of, a portfolio of three onshore producing oil and gas blocks in the Niger Delta (OMLs 4, 38 and 41) which include numerous producing fields and future development opportunities. Through the implementation of a focused re-development work programed and extensive drilling campaign SEPLAT subsequently grew oil production to a peak rate of 85,200bopd and had almost doubled it

C hairman of the NSITF Management Board, Prince Austin Enajemo Isire, Board Members and Staff attended the burial ceremony of Late Dr Mohammed Jimoh Yinusa, the departed Board Member of the Fund. Late Dr Mohammed Jimoh Yinusa was born 10th, March 1956, blessed with sons, daughters, grandchildren amongst others. Until his death he was the Chairman, Audit and Finance and General Purpose Committees of NSITF Management Board. Speaking at the event, the insurance and banking expert described the passage of Dr Mohammed Jimoh Yinusa as a huge loss to the Board and pray God to grant the Jimoh Yinusa family the fortitude to bear the loss. According to Prince Isire, "I knew this great man, whose life we are all celebrating today only in May this year when the Federal Government appointed us into the Board of the Nigeria Social Insurance Trust Fund. It would seem as if we have known ourselves for over forty years ago.  When I discovered from his profile that Dr Yinusa is a mem