SVNNFSavannah Energy Plc

About Savannah Energy Plc (SVNNF)

Savannah Energy Plc (SVNNF) is a Oil & Gas E&P company whose shares trade over-the-counter on the Pink tier.

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 Nigeria, Savannah has a significant controlling interest in a large scale integrated gas production and distribution business which is currently supplying gas to enable approximately 24% of Nigeria's thermal power generation and is significantly cash flow generative. In Niger, we 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 we have delivered a highly successful exploration campaign in Niger with five discoveries from five wells across five oil fields. We have plans in place to deliver first oil production and revenues following the commencement of installation of an EPS. Significant further potential on the Savannah PSC areas remains, with 146 further potential exploration targets having been identified for future drilling consideration.

SVNNF key facts

Ticker symbol

SVNNF

Market tier

Pink

Sector

Energy

Industry

Oil & Gas E&P

Country of incorporation

GB

Reporting standard

International Reporting: LSE - London Stock Exchange

Audit status

Audited

Fiscal year end

12/31

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