With the takeover of Nigeria focused oil producer, Heritage Oil, announced last week by a vehicle controlled by Qatar’s former Prime Minister for £924 million, I’ve been taking a look at Seplat another Nigeria focused oil company which recently listed on the LSE.

Gulf Keystone Petroleum shares are up 7% to 103.5p after the company was forced to deny rumours that infamous Chief Executive Todd Kozel was on the verge of being ousted and there was also news from the Iraqi elections.