By Kyle Morris

 

Seplat Energy PLC said Wednesday that it has become aware of news and social media reports alleging impropriety in the securing of ministerial consent for the acquisition of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore Ltd. and that the reports are untrue.

The company said it will pursue legal action against any parties involved.

Seplat Energy said Monday that it had received consent from Nigerian President Muhammadu Buhari for the acquisition of Exxon Mobil Corp.'s shallow water assets in Nigeria. In February, the London-listed energy company said it had agreed to buy the entire share capital of Mobil Producing Nigeria Unlimited for $1.28 billion plus up to $300 million contingent consideration.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

August 10, 2022 12:25 ET (16:25 GMT)

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