It is clear from the excellent results for the first half of 2023 that Seplat has put its recent travails behind it, delivering against its strategy despite the distractions faced as a handful of shareholders orchestrated jumped-up allegations against the company and its leaders – allegations for which they presented no evidence, just accusations that have either been withdrawn or dismissed by the courts
The half year results showed strong cash generation of $259 million and moreover demonstrated continued operational excellence as evidenced by an unrivalled safety record having now clocked up a commendable 4.2 million hours without a Lost Time Injury.
