IN BRIEF: Savannah Energy 2019 Loss Widens Despite Maiden Revenue

Fri, 31st Jul 2020 18:38

Savannah Energy PLC - Niger and Nigeria-focused energy company - For 2019, reported widened pretax loss of USD105.4 million from USD24.6 million the year before, on maiden revenue of USD17.8 million, which comprises USD16.9 million in gas sales and around USD900,000 of liquids sales. Total average production up 32% at 17,200 barrels of oil per day from 13,000 boepd.

Current stock price: 7.83 pence

Year-to-date change: down 64%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Related Shares

More News

5 Apr 2024 19:27

EARNINGS AND TRADING: Savannah waiting for government approval of deal

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported...

3 Apr 2024 12:19

EARNINGS AND TRADING: MediaZest optimistic; Volta Finance NAV up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

19 Mar 2024 18:41

EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reporte...

1 Feb 2024 14:28

TRADING UPDATES: Wilmington sells MiExact; Vinanz seeks other crypto

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

14 Dec 2023 18:18

EARNINGS AND TRADING: Cornish Metals narrows nine-month loss

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately report...