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)
112 (est)+3%
Seven Energy was founded in 2004 and is headquartered in London, GB

Key People at Seven Energy

Phillip Ihenacho

Phillip Ihenacho

Bruce Burrows

Bruce Burrows

Campbell Airlie

Campbell Airlie

Jeff Corey

Jeff Corey

Ian Brown-Peterside

Ian Brown-Peterside

General Counsel
Glenn Bestall

Glenn Bestall

Vice President of QHSSE/CSR

Abdullah Bukar

Abdullah Bukar

Vice President of Regulatory Affairs
Chidi Chukwueke

Chidi Chukwueke

Vice President of Joint Ventures

Seven Energy Office Locations

Seven Energy has offices in London, Lagos
London, GB
Lagos, NG

Seven Energy Metrics

Seven Energy Summary

Founding Date


Total Funding

$255 m

Latest funding size

$255 m

Time since last funding

almost 3 years


We estimate that Seven Energy's latest funding round in April 2014 was $255 m. In total, Seven Energy has raised $255 m

Seven Energy Financials

We estimate that Seven Energy's revenue is $378.2 m in FY, 2014 which is a 7% increase from the previous period.
FY, 2014FY, 2015


$378.2 m$353.6 m

Revenue growth, %


Cost of goods sold

$41.1 m$252.4 m

Cost of sales

$9.8 m$7.1 m

Gross profit

$337 m$101.2 m

Gross profit Margin, %


General and administrative expense

$58.7 m$35.3 m

Operating expense total

$769.8$38.5 m

Depreciation and amortization

$3 m$3.3 m


$148.4 m($145.5 m)

EBIT margin, %


Interest expense

$76.2 m$103.4 m

Interest income

$83 k$536 k

Income tax expense

$25.6 m($59.4 m)

Pre tax profit

$80.1 m($241.5 m)

Net Income

$54.6 m($182.1 m)

Seven Energy Operating Metrics

We estimate that Seven Energy had 1.9 Gas Reserves & Resources, Tcf in FY, 2015
FY, 2015

Average Daily Gas Deliveries, MMCFPD


Gas Reserves & Resources, Tcf


Seven Energy Revenue Breakdown

Seven Energy Company Life

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