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Savannah Energy seeks acquisition of Exxonmobil's upstream assets | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News

Savannah Energy Plc, is advancing discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon. ....

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Investegate |Savannah Energy Plc Announcements | Savannah Energy Plc: Gas Sales Agreement with Mulak Energy

Customer Benefits include 40% Saving in Energy Costs and 30% Reduction in Carbon Footprint[1]

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 that its Accugas subsidiary has entered into a new gas sales agreement ( GSA ) with Mulak Energy Limited ( Mulak ).
The GSA is initially for a seven-year term. It envisages the supply of gas produced by Savannah s majority-owned Uquo field for an initial two-year period on an interruptible basis (the Interruptible Gas Delivery Period ) and the subsequent five years on a firm contract basis (the Firm Delivery Period ). During the Interruptible Gas Delivery Period, Mulak is able to nominate a maximum daily quantity of up to 2.5 MMscfpd. Volumes in the Firm Delivery Period will be agreed by the parties before the end of the Interruptib ....

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British oil firm cuts expenditure in Nigeria by 15% to $100m

Savannah Energy Plc, a British oil and gas company, has reduced its planned four year capital expenditure in Nigeria by 15 percent from $118m to $100m. ....

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Investegate |Savannah Energy Plc Announcements | Savannah Energy Plc: FY 2020 Trading Update

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 to over 10% of Nigeria s available power generation capacity. 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. ....

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