**Seplat's Impressive Growth: Revenue Soars 144% to $2.72bn** Seplat Energy Plc, a leading Nigerian oil and gas company, has just released its audited results for the full year ended December 31, 2025. The results show a remarkable 144% increase in revenue to a staggering $2.726 billion, a clear indication of the company's growing significance in the global oil and gas market. This impressive growth can be attributed to the significant increase in oil production, which rose by 148% to 131,596 barrels of oil equivalent per day (boepd). This is largely due to the full-year contribution from Seplat's offshore assets, which has been a game-changer for the company. The addition of these assets has not only boosted production but also reduced the company's unit production operating cost by 5%, from $16.5/boe to $15.7/boe. Seplat's financial performance has been nothing short of spectacular, with adjusted EBITDA rising by 137% to $1.275 billion and cash generated from operations surging by 276% to $1.166 billion. The company's net debt has also decreased by 25% year-on-year to $673.3 million, with a Net Debt-to-EBITDA ratio of 0.53x, a testament to its robust balance sheet. From an operational perspective, Seplat has achieved onshore production growth of 14% year-on-year, supported by the completion of the Sapele Gas Plant and new well inventory. Offshore production, although impacted by the Yoho platform outage, has still shown an impressive 9% increase on a pro-forma basis. The company's idle well restoration programme has also added 48,600 boepd of gross production capacity from 49 wells, exceeding internal expectations. The ANOH gas plant, which achieved first gas in January 2026, is currently producing between 50 and 70 million standard cubic feet per day (MMscfd), with about 60,000 barrels of condensate per day. This is a significant milestone for Seplat, and it is clear that the company is well on its way to becoming a major player in the Nigerian oil and gas industry. Overall, Seplat's audited results for the full year ended December 31, 2025, are a testament to the company's resilience and ability