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Thanks MasokoTanga - here are the direct links to photos that AK features in on Day 1

https://www.flickr.com/photos/energycapitalpower/52978695593/in/album-72177720309107273/

https://www.flickr.com/photos/energycapitalpower/52978695128/in/album-72177720309107273/

https://www.flickr.com/photos/energycapitalpower/52978243791/in/album-72177720309107273/

https://www.flickr.com/photos/energycapitalpower/52978244176/in/album-72177720309107273/

There was even talk that if we expand our footprint in Nigeria with another big acquisition there that we may also look at listing on the Nigerian stock exchange.

Please bear in mind the list is not exhaustive and there still many that we have placed bids on from other independent companies as well as assets from governments such as NNPC. Far too many to cover all..........................

Savannah Energy Plc strategy is placing bids on many assets as possible and then liaising with the governments to see whether they would be supportive of the deals if they progressed towards SPA. Example Chad was supportive but than the president at the time died and things changed, otherwise they would not have struck a deal and walked away. South Sudan deal again they have received government acknowledgment in private so they struck the SPA with Petronas, otherwise they wouldn’t. Savannah Energy only proceeds towards SPA once the bids are accepted by the seller and once they have received a positive dialogue from the host countries governments. An example of a deal that they paused prior to an SPA was ENI Tunisia deal price was agreed with the seller but the conversations with government were not well received so they didn’t progress with SPA. All deals Savannah Energy strikes an SPA for have prior government dialogue even if formal approval cant be granted in theory.

List of assets Savannah Energy has looked for don’t have details around the exact financial terms of the bids or if official bids were made or whether they would purchase entire portfolio or bits of it:

1) Exxon Assets in Nigeria circa -$1bn - $1.2bn

2) ENI assets in Nigeria and Angola – circa $2.4bn

3) Shell onshore assets in Nigeria – circa $2.5 - $3bn

4) Shell upstream assets in Gabon, Cameroon, and equatorial guinea – circa $2.4bn

5) Senegal / Mauritania GTA LNG Project - Current Project partners are looking to bring in an additional partner

6) Mozambique LNG Project - Looking for partners with strong financial backing......

Hopefully Andrew Speaking at the event is a good sign that the deal is still intact ;) Official from Twitter Ministry of Petroleum South Sudan.

https://twitter.com/mop_ssd/status/1669625089178968064

Don't think it has anything to do with Chad to be honest, the nature of doing deals in Africa is that the timelines always move. Andrew Knott was also due to be part of a panel in yesterdays session but i don't think he participated. Let's hope things are still in order and that South Sudan deal leads to completion. Whatever happens Andrew has to release an admission document with a significant deal of similar size to south sudan with all government approvals to hand. Whether it's the south sudan deal or another deal or even both remains to be seen. As I feel if he doesn't he is running out of suspension windows otherwise so wouldn't surprise me if we extend suspension beyond July 2023 as well, cause he knows this is probably the last suspension the company will be allowed

Interesting to see Savannah Energy being sponsors of Africa Energy Forum in Nairobi next week. With Julian Horn Head of Savannah Renewables as a guest speaker as well. Could we have a renewable project lined up in Kenya, perhaps Kenya, would love it if that was the case.

Sponsors - https://www.africa-energy-forum.com/pages/sponsors-2023

Speakers - https://www.africa-energy-forum.com/pages/speakers

Considering that Savannah hasn't released a market update in relation to the news in the media that 10% Sale to SNH has been frozen makes me think that they will announce some news and perhaps tie in update on 10% sale to cotco with that. In the past few weeks savannah has done pretty well in addressing media news in relation to chad cameroon quite quickly via an RNS so perhaps they want might want to land some positive news before they update on the chad cameroon front........

Olderandwiser - Don't think that would lead to 20p..........I just think we all need to tame expectations that formal government approval on the south sudan deal may not come as quickly as we are expecting and may not certainly come at the conference could come months after we re-list, who knows i am keeping my mind open all possibility.

What would be ironic is for months everyone of this board has thought that the South Sudan Oil conference currently taking place will be a key milestone as a lot are expecting savannah approval on the deal to be announce in or around the conference. So I have tamed my expectations that perhaps we may not get approval at the conference as everyone was expecting and that approval may come much later perhaps even after Savannah have re-list.

The Boards priority and focus on the next 8 weeks should be a successful acquisition of Petronas South Sudan assets including all government and regulatory approvals, alongside the additional hydrocarbon deal that they have alluded too. That should be the immediate focus. The chad situation will continue to linger even if we are to fast forward 12 months into this time next year the position will likely be the same until the ICC put down a ruling

Whatever happens this will only be solved at the ICC tribunal until than all the news positive or negative on the doba acquisition just has to be ignored for time being............

Interesting to see 2 Danish shareholders holding nearly 10% or europa and william increasing it's stake. Looks like they may be more privy to Europa true value i can smell some strong M&A or newsflow soon this will easily be 3p+ soon.

Zengas - If I get time I will try to post potential other assets screened although as you say the list is exhaustive all the public ones that you have listed already plus others which aren't so public not sure the status's on the ones i posted on 11th May (i.e. Amni Energy, and the Exxon Asset), the total list is probably greater than the 20 or so acquisitions screened mentioned previously. I believe that we are not just screening assets from just majors, we are looking at independent players as well as assets that the local countries government may want to sale a part stake in. For example there are plenty of independent oil companies in nigeria and broadly across africa that may be of our interest for example amni energy and also i have heard that we are screening producing assets which NNPC hold in Nigeria and they are looking to sale parts of it to reduce their debt levels.............

When I get sometime I will try to post other assets which we are potentially interested in

Zengas - Judging by the fact that we are expecting 1 or more sizeable deals post south sudan deal, makes me think that the economic effective price on closing must be really manageable or pretty decent to continue to pursue further deals. Even though we have got headroom up to circa $2.5bn of debt.......

Also AK has always said more deal but has never been more specific as to the number but he clearly says here that, 1 additional hydrocarbon deal could we be close to executing another SPA, if so we could see another SPA between now and 28th July and than further details on the admission document.

My gut feeling say's that admission document has been pushed back because they are trying to incorporate another sizeable acquisition alongside the Petronas deal. AK also alludes to it - (1) the closing of our proposed acquisition of PETRONAS' assets in South Sudan in Q3; (2) at least one further hydrocarbon asset deal;

Makes me think they want to incorporate this as part of the admission document as it will avoid any future suspension which in the grand scheme of things wouldn't be so bad as I don't think another suspension after south sudan deal will be acceptable to institutions, and shareholders alike to might as well delay it to produce an all encompassing admission document.

I think this is a high probability now considering the delay in admission document, I always did feel that this was the case but now i am more certain with this mornings delay by a month and AK saying 1 additional hydrocarbon asset deal makes me more convinced now.

Says that the South Sudan deal will close in Q3 so does that mean we are still due an admission document this month ?

I may be speculating but could have more Nigerian acquisitions forthcoming. Starting to hear a lot more chatter of Savannah Energy Plc and partnerships also starting to see a lot more of the savannah energy plc Nigeria MD on socials. I don’t believe we are far away from more Nigerian acquisitions could come with the admission document or straight away after completion of South Sudan.

https://twitter.com/napenigeria/status/1666566291719704576?s=46&t=bdVeLrGB139mDog1SFRNlw

This moves probably has strengthened Savannah hand in the dispute as it does show that chad is not acting in good faith and it's simply a case of asset grabbing without proper transactional law and governance it would be hard for Savannah to lose this case at arbitration as nothing that savannah has done to date suggest that they have acted in bad faith.