Andrew Knott, CEO of Savannah Energy Discusses the New Gas Sales Agreement with Mulak Energy

Feb 05, 11:22 AM

Andrew Knott, CEO of Savannah Energy Discusses the New Gas Sales Agreement with Mulak Energy

Andrew Knott, CEO of Savannah Energy Discusses the New Gas Sales Agreement with Mulak Energy

Savannah Energy PLC, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, is pleased to announce that its Accugas subsidiary has entered into a new gas sales agreement with Mulak Energy Limited.

Savannah Energy PLC is an AIM market listed African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, with a focus on delivering material long term returns for stakeholders. In Nigeria, the Company has controlling interests in the cash flow generative Uquo and Stubb Creek oil and gas fields, and the Accugas midstream business in South East Nigeria, which provides gas contributing to over 10% of Nigeria's daily national average power generation. In Niger, the Company has interests in two large PSC areas located in the highly oil prolific Agadem Rift Basin of South East Niger, where the Company has made five oil discoveries and seismically identified a large exploration prospect inventory, consisting of 146 exploration targets to be considered for potential future drilling activity.