Savannah Energy PLC

Equities

SAVP

GB00BP41S218

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 02:30:00 2022-12-12 am EST			5-day change	1st Jan Change
26.25 ^GBX	-.--%		+0.19%	-0.05%

Apr. 05	EARNINGS AND TRADING: Savannah waiting for government approval of deal	AN
Apr. 03	EARNINGS AND TRADING: MediaZest optimistic; Volta Finance NAV up	AN

Savannah Resources confirms Portugal legal action has ended

March 27, 2023 at 06:40 am EDT

Savannah Resources PLC - Europe-focused lithium development company - Confirms that the legal action brought against Portugal by the parish of Covas do Barroso has been been extinguished. Follows Mirandela fiscal and administrative court ruling in February 2023 that the Portuguese state and ministry of economy are not legitimate parties in the lawsuit. As a result, the defendants and Savannah, as a counter-interested party, have been acquitted of all requests made by the Covas do Barroso parish council, while the latter's period for appeal has now expired.

Current stock price: 3.05 pence, up 5.2% on Monday

12-month change: down 34%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SAVANNAH ENERGY PLC	26.25 GBX	-.--%	+0.19%	431M
	SAVANNAH RESOURCES PLC	3.4 GBX	+3.03%	+3.03%	75.72M

Latest news about Savannah Energy PLC

EARNINGS AND TRADING: Savannah waiting for government approval of deal	Apr. 05	AN
EARNINGS AND TRADING: MediaZest optimistic; Volta Finance NAV up	Apr. 03	AN
EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic	Mar. 19	AN
Savannah Energy buys out partners' 49% stake in Nigeria oilfield	Mar. 19	RE
Wilmington sells MiExact; Vinanz seeks other crypto	Feb. 01	AN
EARNINGS AND TRADING: Cornish Metals narrows nine-month loss	Dec. 14	AN
EARNINGS: Eight Capital swings to profit; Savannah Energy loss widens	23-09-29	AN
Savannah Energy PLC Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-29	CI
Savannah Energy plc Announces Resignation of Sylvie Rucar, Non-Executive Director	23-07-20	CI
Savannah Energy PLC Auditor Raises 'Going Concern' Doubt	23-06-08	CI
Savannah Energy PLC Reports Earnings Results for the Full Year Ended December 31, 2022	23-06-08	CI
Savannah Energy PLC Provides Earnings Guidance for the Year 2023	23-06-08	CI
Savannah Energy subsidiary signs deal for solar power plants in Niger	23-05-11	AN
Savannah Energy Niger Solar Limited Signs Memorandum of Agreement with the Government of Niger for the Development of Up to 200 MW of New Solar Projects	23-05-11	CI
Savannah Energy names EY senior partner as new chair	23-04-21	AN
Savannah Energy PLC Appoints Joseph Pagop Noupoué as Non-Executive Director and Chair Designate	23-04-21	CI
Savannah Energy PLC Signs Memorandum of Agreement with the Government of Cameroon for the 75 MW Bini A Warak Hydroelectric Project	23-04-20	CI
Datalex and SpaceandPeople extend deals	23-04-13	AN
Savannah Resources confirms Portugal legal action has ended	23-03-27	AN
Savannah Energy to legally dispute Chad seizing production assets	23-03-24	AN
Chad says it has nationalized all assets owned by Exxon Mobil	23-03-23	RE
Savannah Energy PLC Announces the Appointment of Sylvie Rucar as Independent Non-Executive Director	23-02-01	CI
TRADING UPDATES: Agronomics NAV up; Churchill China hires new CFO	22-12-20	AN
Savannah Energy's Deal to Buy Petronas' Chad, Cameroon Assets Falls Through	22-12-13	MT
TRADING UPDATES: Savannah Energy ends deal; Plaza signs addendum	22-12-13	AN

Chart Savannah Energy PLC

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Company Profile

Savannah Energy PLC is an independent energy company focused on the delivery of projects in Nigeria, Niger, and Cameroon. The Companyâs assets in Nigeria include two oil and gas fields, Uquo and Stubb Creek, and the Accugas midstream business, all of which are located in Southeast Nigeria. It holds an 80% economic interest in the exploration, development, and production of gas within the Uquo field. Its Accugas midstream business focuses on the marketing, processing, distribution and sale of gas to the Nigerian market. Its acreage in Niger covers approximately 50% of the Agadem Rift Basin (ARB), an area equivalent to the Central North Sea Basin. In Cameroon, the Cameroon Export Transportation System (ETS) comprises the Cameroon export pipeline, the Kome Kribi 1 floating storage and offloading unit (FSO) and related infrastructure. It is also focused on the development of the Bini a Warak Hydroelectric Project (the Bini Project), located in the northern Adamawa Region of Cameroon.

Sector

Oil & Gas Exploration and Production

Calendar

2024-06-04 - Q4 2023 Earnings Release (Projected)

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Ratings for Savannah Energy PLC

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.262 GBP

Average target price

0.95 GBP

Spread / Average Target

+262.60%

Consensus

Annual profits - Rate of surprise

Company calendar

Sector Other Oil & Gas Exploration and Production

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