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Seplat Energy (LSE:SEPL) Allowance For Loans And Lease Losses


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What is Seplat Energy Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Seplat Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seplat Energy PLC (LSE:SEPL) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
Address
16A Temple Road (Olu Holloway), Ikoyi, Lagos, NGA
Seplat Energy PLC formerly SEPLAT Petroleum Development Company PLC is a Nigerian independent upstream oil and gas company which focuses on production and development opportunities in Nigeria. The company has two reportable segments namely Oil and Gas. Geographically, it derives a majority of revenue from Switzerland. The company's exploration assets include OMLs 4, 38 and 41 which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.