Savannah Energy Plc Update on Restoration of Trading (7682W)
24 Diciembre 2021 - 3:59AM
UK Regulatory
TIDMSAVE
RNS Number : 7682W
Savannah Energy Plc
24 December 2021
24 December 2021
Savannah Energy PLC
("Savannah", the "Company" or the "Group")
Update on Restoration of Trading
Savannah Energy PLC, the British independent energy company
focused on the delivery of Projects that Matter in Africa, provides
the following update.
Further to its announcement of 20 December 2021, the Company now
intends to publish an AIM Admission Document in respect of the
Exxon Acquisition and the PETRONAS Acquisition by 31 December 2021,
following which point the Company will seek restoration to trading
on AIM of its ordinary shares.
Further updates will be provided as and when appropriate.
+44 (0) 20 3817
Savannah Energy 9844
Andrew Knott, CEO
Nick Beattie, I nterim CFO
Sally Marshak, Head of IR & Communications
+44 (0) 20 7409
Strand Hanson (Nominated Adviser) 3494
James Spinney
Ritchie Balmer
Rob Patrick
finnCap Ltd (Joint Broker)
Christopher Raggett +44 (0) 20 7220
Tim Redfern 0500
Panmure Gordon (UK) Ltd (Joint
Broker)
John Prior
Hugh Rich +44 (0) 20 7886
James Sinclair-Ford 2500
+44 (0) 20 3757
Camarco 4983
Billy Clegg
Owen Roberts
Violet Wilson
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR").
About Savannah Energy:
Savannah Energy PLC is an AIM quoted 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.
Further information on Savannah Energy PLC can be found on the
Company's website: www.savannah-energy.com.
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END
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December 24, 2021 04:59 ET (09:59 GMT)
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