Savannah Energy (SAVE)

Sector:

Energy Producers

Index:

FTSE AIM 50

26.40p
   
  • Change Today:
    -0.25p
  • 52 Week High: 40.20
  • 52 Week Low: 19.35
  • Currency: UK Pounds
  • Shares Issued: 1,306.10m
  • Volume: 537,068
  • Market Cap: £344.81m
  • RiskGrade: 340

Savannah Petroleum convinces Antoine Richard back as chief operating officer

By Josh White

Date: Thursday 12 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Niger and Nigeria-focussed oil and gas company Savannah Petroleum announced the appointment of Antoine Richard as its chief operating officer on Thursday, with immediate effect.
The AIM-traded firm said Richard had more than 20 years of experience in the oil and gas industry, including more than 10 years of experience working in West Africa.

He had previously acted as vice-president of operations for Savannah between 2016 and 2018, and before that had worked for both major, at Total, and independent, at Perenco, oil and gas companies.

Richard had a "strong" operational background, the board said, with a focus on production optimisation, onshore facilities design and operation, the management of drilling campaigns and seismic acquisition programs.

Previous positions at Perenco included global health, safety and environmental manager, country manager roles for the Democratic Republic of the Congo, Egypt and Venezuela, and area manager for Egypt and North Africa.

He would be based in Lagos, and was replacing David Clarkson who - having served as chief operating officer since June 2018 - would be returning to his role on Savannah's board as a non-executive director.

"I would like to warmly welcome Antoine back to the company," said chief executive officer Andrew Knott.

"He brings a significant amount of operational experience to the Savannah team and joins at a very exciting time for the company.

"I would also like to thank David for his significant contribution as we executed on our Niger operational campaign and conducted the integration of our Nigerian assets."

At 1624 GMT, shares in Savannah Petroleum were down 0.48% at 20.9p.

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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 26.40p
Change Today -0.25p
% Change -0.94 %
52 Week High 40.20
52 Week Low 19.35
Volume 537,068
Shares Issued 1,306.10m
Market Cap £344.81m
RiskGrade 340

Savannah Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.3% below the market average82.3% below the market average82.3% below the market average82.3% below the market average82.3% below the market average
70.73% below the sector average70.73% below the sector average70.73% below the sector average70.73% below the sector average70.73% below the sector average
Price Trend
51.36% above the market average51.36% above the market average51.36% above the market average51.36% above the market average51.36% above the market average
38.64% above the sector average38.64% above the sector average38.64% above the sector average38.64% above the sector average38.64% above the sector average
Income
93.18% below the market average93.18% below the market average93.18% below the market average93.18% below the market average93.18% below the market average
85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average
Growth
14.51% above the market average14.51% above the market average14.51% above the market average14.51% above the market average14.51% above the market average
15.38% above the sector average15.38% above the sector average15.38% above the sector average15.38% above the sector average15.38% above the sector average

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 2
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 09-Dec-2022

Time Volume / Share Price
12:09 13,270 @ 26.38p
12:09 13,270 @ 26.38p
12:00 1,831 @ 26.40p
12:00 28,976 @ 26.35p
12:00 5,398 @ 26.35p

Savannah Energy Key Personnel

CEO Andrew Knott

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