Seven Energy is a leading Nigerian integrated gas company

2017

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07 February 2017

London, Lagos, 07 February 2017: Seven Energy Finance Limited, with its parent company Seven Energy International Limited (“Seven Energy”), the leading integrated gas company in south east Nigeria, with upstream oil and gas interests in the region, announces that its wholly owned subsidiary, Seven Exploration & Production Limited (“SEPL”), has received notice from Nigerian Petroleum Development Company Limited (“NPDC”) of its intention to terminate the Strategic Alliance Agreement between NPDC and SEPL relating to OMLs 4, 38 and 41 (the “SAA”) unless NPDC’s alleged default of certain terms of the SAA in respect of outstanding cash calls are remedied by 17 March 2017.

04 January 2017

London, Lagos, 4 January 2017: Seven Energy International Limited (“Seven Energy” or the “Group”), the leading integrated gas company in south east Nigeria, with upstream oil and gas interests in the region, and its wholly owned subsidiary, Accugas Limited (“Accugas”), today provides a liquidity update and announces it has entered into a US$50 million debt service guarantee facility with GuarantCo Ltd (“GuarantCo”) on 29 December 2016 (the “DSA Facility”).