Seven Energy

Seven Energy is an indigenous Nigerian oil and gas exploration, development, production and distribution company with a vision to be the leading supplier of gas to the domestic market for power generation and industrial consumption.

Our objective is to utilise our first mover advantage as a supplier to the domestic gas market in our core operating areas and to maximise stakeholder value through sustainable long-term growth across the full value chain. We are successfully providing opportunities for our industrial partners and creating value for our stakeholders and investors.

Company Growth (employees)
London, GB
Size (employees)
126 (est)-1%
Seven Energy was founded in 2004 and is headquartered in London, GB

Key People/Management at Seven Energy

Phillip Ihenacho

Phillip Ihenacho

Bruce Burrows

Bruce Burrows

Jeff Corey

Jeff Corey

Ian Brown-Peterside

Ian Brown-Peterside

General Counsel
Chidi Chukwueke

Chidi Chukwueke

Vice President of Joint Ventures

Glenn Bestall

Glenn Bestall

Vice President of QHSSE/CSR

Seven Energy Office Locations

Seven Energy has offices in London and Lagos
London, GB (HQ)
4th Floor, 6 Chesterfield Gardens
Lagos, NG
35 Kofo Abayomi St

Seven Energy Financials and Metrics

Summary Metrics

Founding Date


Total Funding

$255 m

Latest funding size

$255 m

Time since last funding

over 3 years


Seven Energy's latest funding round in April 2014 was reported to be $255 m. In total, Seven Energy has raised $255 m

Seven Energy Financials

Seven Energy's revenue was reported to be £7.1 m in FY, 2015 which is a 28% decrease from the previous period.

Revenue (FY, 2015)

7.1 m

Revenue growth (FY, 2014 - FY, 2015), %


Net income (FY, 2015)

(182.1 m)

EBIT (FY, 2015)

(145.5 m)

Cash (31-Dec-2015)

822.1 k
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2013FY, 2014FY, 2015


1.4 m1.8 m2.6 m5.2 m6.2 m7.2 m6.3 m7.1 m7.1 m9.8 m7.1 m

Revenue growth, %


Cost of goods sold

1.2 m1.7 m2.5 m5 m5.8 m6.8 m6.3 m7.1 m7.1 m9.8 m7.1 m

Gross profit

211 k84 k109 k236 k409 k341 k6.6 k
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015


513 k430 k509 k525 k371 k254.8 k720.5 k822.1 k

Accounts Receivable

11.3 m7.9 m

Current Assets

2.3 m842 k6.8 m13.2 m26.8 m38.7 m37.7 m37.8 m12 m10.5 m


34 k33 k415 k327 k443.4 k314.5 k317.1 k177.8 k
    GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014

    Net Income

    50 k(69 k)37 k232 k282 k(888 k)19.9 k(22.1 k)(769.8)

    Cash From Operating Activities

    (5 m)(46 k)540 k66 k(120.1 k)

    Cash From Financing Activities

    5.6 m

    Net Change in Cash

    513 k(102 k)83 k55 k(163.3 k)
      GBPY, 2015


      71.8 k

      Financial Leverage

      1 x
      Show all financial metrics

      Seven Energy Operating Metrics

      Seven Energy's Gas Reserves, Tcf was reported to be 1.9 in FY, 2015
      FY, 2015

      Gas Reserves, Tcf


      Average Daily Gas Deliveries, MMCFPD

      Show all operating metrics

      Seven Energy Revenue Breakdown

      Seven Energy's Web-traffic and Trends

      Seven Energy Company Life and Culture

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