Savannah Energy (SAVE)

Sector:

Energy Producers

 26.25p
   
  • Closing Price Chg:
      0.000p
  • 52 Week High: 40.20
  • 52 Week Low: 10.00
  • Currency: UK Pounds
  • Shares Issued: 1,312.19m
  • Volume: 0
  • Market Cap: £344.45m
  • RiskGrade: 340

Savannah Petroleum confirms acquisition talks with Seven Energy for Niger assets

By Iain Gilbert

Date: Friday 01 Sep 2017

LONDON (ShareCast) - (ShareCast News) - Savannah Petroleum announced on Friday it had entered into a binding exclusivity agreement with Seven Energy International regarding a potential acquisition of its oil and gas assets in Nigeria.
The group confirmed as a result of the ongoing discussions around the proposed acquisition its shares were suspended from trading on London's AIM market until the publication of an admission document or until it confirmed talks had ceased.

Savannah also supplied an update on its operations in Niger.

Security teams and equipment were in place at the firm's licence in the Agadem basin, East Niger, with drilling at its Bushiya exploration project set to commence upon the company's readmission to trading.

As of 0820 BST, the suspended shares were 34.62p.

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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 10.00
Volume 0
Shares Issued 1,312.19m
Market Cap £344.45m
RiskGrade 340

Savannah Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.69% above the market average21.69% above the market average21.69% above the market average21.69% above the market average21.69% above the market average
47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average
Value
21.69% above the market average21.69% above the market average21.69% above the market average21.69% above the market average21.69% above the market average
47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average
Income Not Available
Growth
22.32% above the market average22.32% above the market average22.32% above the market average22.32% above the market average22.32% above the market average
5.66% below the sector average5.66% below the sector average5.66% below the sector average5.66% below the sector average5.66% below 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 --2024

Time Volume / Share Price
0 @ 0.000p

Savannah Energy Key Personnel

CEO Andrew Knott

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