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Savannah Energy

Description

Savannah Energy PLC is an AIM quoted British independent energy company focused around the delivery of Projects that Matter in Africa and is active in Cameroon, Chad, Niger and Nigeria.

In Chad Savannah owns a 40% participating interest in the Doba Oil Project which has seven producing fields, including surface facilities in southern Chad. In addition, Savannah owns an effective c. 40% indirect interest in the Chad-Cameroon Export Transportation System (“ETS”) which comprises a 1,081 km export pipeline and the Kome Kribi 1 floating storage and offloading facility (“FSO”), offshore Cameroon. In Nigeria, Savannah has a significant controlling interest in a large-scale integrated gas production and distribution business which is currently supplying gas to enable over approximately 24% of Nigeria’s thermal power generation and is significantly cash flow generative. In Niger, the company have licence interests covering 13,655 km², approximately 50% of the country’s main petroleum basin, the Agadem Rift Basin in the South East of the country. To date Savannah have delivered a highly successful exploration campaign in Niger with five discoveries from five wells across five oil fields.

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Related news

Savannah Energy Announces Consolidation of Stubb Creek Field Interest
19/03/2024
Savannah Energy signs Natural Gas Sales and Purchase Agreement in Nigeria
31/05/2023
Savannah Signs SPA with Société Nationale Des Hydrocarbures
20/04/2023
Savannah Announces Year to Date Financial and Operational Update
20/12/2022
Savannah to Acquire South Sudan Oil and Gas Portfolio From PETRONAS
12/12/2022
Savannah Energy’s Agreement with Chad Strengthens Diversification in Africa
30/05/2022
Savannah Energy signs agreement with Niger Government for country's first wind farm
29/03/2022
Savannah Update on Niger Licensing and the Proposed Acquisitions
20/12/2021
Savannah Energy Signs SPAs with Exxon Mobil and PETRONAS
14/12/2021
Savannah Energy Announces First Gas Sales to FIPL Afam
02/11/2021

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