Savannah Energy (SAVE)

Sector:

Energy Producers

Index:

FTSE AIM 50

 26.25p
   
  • Closing Price Chg:
      0.000p
  • 52 Week High: 40.20
  • 52 Week Low: 19.35
  • Currency: UK Pounds
  • Shares Issued: 1,306.10m
  • Volume: 0
  • Market Cap: £342.85m
  • RiskGrade: 340

Savannah Petroleum subsidiary inks rig contract

By Andrew Schonberg

Date: Monday 08 May 2017

LONDON (ShareCast) - (ShareCast News) - Savannah Petroleum said a subsidiary has signed a formal rig contract with Great Wall Drilling Company Niger SARL (GWDC) for Rig GWDC 215.
It said the contract provided for a programme of three firm wells, and included options for a further six wells, which would be exercised individually at Savannah's discretion.

The company also announced the signature of other contracts with GWDC for ancillary drilling services, including cementing, drilling fluids, tubular running, mudlogging and wireline logging.

Chief executive Andrew Knott said the signature of these agreements with contracting partner GWDC represented a key milestone towards the start of its drilling campaign in the R3 area.

At 13:54 BST, shares in AIM-quoted Savannah Petroelum were up 4.6% to 39.75p each.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Savannah Energy Market Data

Currency UK Pounds
Share Price 26.25p
Closing Price Change 0.000p
% Change 0.00 %
52 Week High 40.20
52 Week Low 19.35
Volume 0
Shares Issued 1,306.10m
Market Cap £342.85m
RiskGrade 340

Savannah Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.68% below the market average51.68% below the market average51.68% below the market average51.68% below the market average51.68% below the market average
1.23% above the sector average1.23% above the sector average1.23% above the sector average1.23% above the sector average1.23% above the sector average
Value
51.68% below the market average51.68% below the market average51.68% below the market average51.68% below the market average51.68% below the market average
1.23% above the sector average1.23% above the sector average1.23% above the sector average1.23% above the sector average1.23% above the sector average
Income Not Available
Growth
14.17% above the market average14.17% above the market average14.17% above the market average14.17% above the market average14.17% above the market average
13.73% above the sector average13.73% above the sector average13.73% above the sector average13.73% above the sector average13.73% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Savannah Energy Dividends

No dividends found

Trades for --2023

Time Volume / Share Price
0 @ 0.000p

Savannah Energy Key Personnel

CEO Andrew Knott

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