Andrew Knott of Savannah Energy discusses current trading and the significant potential of their acquisitions.
Episode 501, Jan 05, 2022, 08:58 AM
Andrew Knott, CEO of Savannah Energy #SAVE discusses current trading and the $65m they raised which will be used (together with the debt financing, the subscription and the junior loan facility) to fund the Exxon Acquisition and the PETRONAS Acquisition.
Andrew Knott, CEO of Savannah Energy #SAVE discusses current trading and the $65m they raised which will be used (together with the debt financing, the subscription and the junior loan facility) to fund the Exxon Acquisition and the PETRONAS Acquisition.
About Savannah Energy
Savannah Energy PLC is an AIM listed British independent energy company focused around the delivery of Projects that Matter in Africa. 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 enabling over 10% of Nigeria's thermal power generation. In Niger, the Company has licence interests covering approximately 50% of 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. The Company has announced that it is in the process of acquiring a portfolio of upstream and midstream assets in Chad and Cameroon.