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acquisitionAnnounced · Jan 22, 2026EnergySource · CredibleArticle · Factual
Heirs Energies acquires Seplat
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$490M
Target
Seplat
NSE: SEPLAT · Ikoyi, Lagos
Acquirer
Heirs Energies
Financial Stake
Status
Announced
Heirs Energies agreed to acquire Seplat. Reported deal value: $490M. Status: Announced. Sector: Energy. Target headquarters context: Ikoyi, Lagos, Nigeria.
This page summarizes publicly available information about the transaction as of 2026-01-22. Figures and status may change as filings and press coverage update.
Elumelu is the chairman of Hiers Energies , an indigenous oil and gas company that recently acquired a 20.07 percent equity stake previously held by a French firm in Seplat Energy Plc
Deal timeline
Announced
Jan 22, 2026 · westernpost.ng
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Energy with a reported deal value of $490M. Figures and status may change as sources update.
Sources: westernpost.ng · Primary article · FireStrike proprietary index