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A replay of Savannah’s latest investor presentation webcast hosted by Andrew Knott is now available on our website. It will be available to view until Friday 14 March. Here is the link to the replay: savannah-energy.com/investors/inve…

We are pleased to announce the completion of the acquisition of SIPEC [1], following a signing ceremony held in Lagos earlier this morning. The acquisition consolidates our interest in the Stubb Creek oil and gas field, Nigeria, increasing our group Reserves and Resources base by

The completion of the SIPEC Acquisition creates material potential production upside as we now intend to commence an expansion programme, anticipated to increase Stubb Creek Field gross oil production by c. 75% from an average of 2.7 Kbopd in 2024 to approximately 4.7 Kbopd. The

We are pleased to announce the publication of our latest voluntary sustainability disclosure reports according to the Global Reporting Initiative ("GRI") standards and the Sustainability Accounting Standards Board (“SASB”). GRI sets the world's most widely used standards for

We are delighted to announce that we are hiring for several positions within our Nigerian operational facilities located un Esit Eket, Akwa-Ibom State. If you are passionate about driving growth, and making an impact, we want to hear from you! Please follow the links below to

Savannah’s Pade Durotoye, Managing Director, Nigeria, recently spoke at the Future of Power Africa conference held in Lagos, Nigeria. The conference discussed critical issues affecting the power sector, offering actionable solutions to build a resilient power sector ensuring

Savannah was delighted to support the most recent Westminster Africa Business Group lunch at the House of Commons where guest speaker the High Commissioner of Zambia Her Excellency Macenje Mazoka highlighted the multiple business and investment opportunities Zambia has to offer

We are pleased to publish our Q1 2025 Trading Update this morning, showcasing solid progress toward our core objectives for the year. Highlights include a notable 19% increase in Total Revenues to US$73.3 million, including a US$3.6 million contribution from Stubb Creek following

Since completion of the SIPEC Acquisition in March, we are pleased to report that oil production at Stubb Creek increased by approximately 15% in April to 3.1 Kbopd and 2P oil reserves have been upgraded by 29% due to an improved ultimate field recovery factor. This growth

Following the release of our quarterly trading update, CEO Andrew Knott reaffirmed that 2025 remains an exciting year for Savannah as we advance delivery of the nine focus area projects outlined earlier this year: (1) Securing a further increase in our rate of cash collections

Cavendish published a new research note on Savannah yesterday morning following our Q1 2025 trading update, with a target price of 51.5p per share. Read the full Cavendish note here: cavendish.com/research-porta…

Shore Capital published a new research note on Savannah yesterday morning following our Q1 2025 trading update and highlighting a fair value of 40p per share. Read the full Shore Capital note here: shorecapmarkets.co.uk/equities-resea…

Panmure Liberum published a new research note on Savannah yesterday morning following our Q1 2025 trading update and reserves upgrade at Stubb Creek. Read the full Panmure Liberum note here: research-tree.com/NoteArticle/Ar…

Following the release of Savannah’s FY 2024 results today, CEO, Andrew Knott reaffirmed that results were in line with our trading statement from January 2025 and that 2025 continues to be an exciting year for our business as we continue to work towards the delivery of the nine

Cavendish published a new research note on Savannah this morning following our FY 2024 results. Read the full Cavendish note here: cavendish.com/research-porta…

Andrew Knott, CEO of Savannah Energy, said: “I am pleased to announce our FY 2024 results today, in line with our trading statement released in January 2025, and to announce a 21% increase in 2P Reserves at our flagship Uquo field in Nigeria, bringing the total Reserves increase

Shore Capital published a new research note on Savannah this morning following our FY 2024 results. Read the full Shore Capital note here: shorecapmarkets.co.uk/equities-resea…

We were pleased to publish our 2024 Sustainability Review this morning, along with our latest disclosures aligned with the Task Force on Climate-Related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB) standards. In 2024, we maintained a

Nigeria’s leading ThisDay newspaper has published an article titled “Empowering the Future: How Accugas is Bridging Education Gap in Akwa Ibom, Cross River States,” which highlights the Savannah Energy Education and Internship Training programme, an education initiative of

Savannah was delighted to participate, as part of the UK Pavillion, representing British businesses at the recent Africa Energy Forum 2025 in Cape Town, a powerful convergence of leaders, innovators, and policymakers shaping the future of Africa’s energy landscape. As a company