Nigeria: Seplat Confident of Winning Chevron's Assets

23 May 2014

Seplat has said it is confident it will win the dispute over the purchase of a Chevron asset.

The company's Chief Executive Officer, Mr. Austin Avuru was quoted by Reuters to have said this during the presentation of Seplat's interim management statement. He said the company had appealed against a ruling which gave jurisdiction to a Nigerian court in deciding the outcome of a Chevron oil block sale, for which Seplat's bid was the second-highest.

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