Savannah Energy has announced the publication of an updated Competent Person s Report ( CPR ) covering the Company s assets in Nigeria, whereby Gross 2P Reserves increased 27%, together with a financial and operational update for the year to date.
Savannah Energy announces 2021 half year results and outlook for the year energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
FY 2020 Preliminary Annual Results Savannah Energy PLC ( Savannah or the Company ), the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, is pleased to announce its unaudited preliminary results for the year ended 31 December 2020. A copy of the Annual Report and Accounts will be finalised and posted to Shareholders shortly and a separate notification made in this regard. Andrew Knott, CEO of Savannah Energy, said: 2020 represented our first full year of ownership since the completion of the acquisition of our Nigerian assets and our financial results show just how transformational the acquisition has been for Savannah. Against a challenging backdrop, we recorded a robust financial and operating performance. We beat all of our original financial guidance metrics. Total Revenues[1] and cash collections rose for the fifth consecutive y