11 Feb 2019 07:00
11 February 2019
Savannah Petroleum PLC
("Savannah" or "the Company")
Expiry of Warrants
Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, confirms that the Warrants which were issued in conjunction with the completion of the Company's Second Tranche Placing in relation to the acquisition of the Seven Energy Assets (as referenced in the Company's RNS dated 8 February 2018) have now expired. As such, there are no further Warrants outstanding.
Unless otherwise defined, capitalised terms in this announcement have the same meaning ascribed to them as in the Company's Admission Document dated 22 December 2017.
For further information contact:
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Savannah Petroleum | +44 (0) 20 3817 9844 |
Andrew Knott, CEO |
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Isatou Semega-Janneh, CFO |
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Jessica Ross, VP Corporate Affairs |
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Strand Hanson (Nominated Adviser) | +44 (0) 20 7409 3494 |
Rory Murphy |
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James Spinney |
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Ritchie Balmer |
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Mirabaud (Joint Broker) | +44 (0) 20 7878 3362 |
Peter Krens |
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Ed Haig-Thomas |
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Hannam & Partners (Joint Broker) | +44 (0) 20 7907 8500 |
Neil Passmore Alejandro Demichelis |
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Hamish Clegg |
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Celicourt Communications | +44 (0) 20 7520 9266 |
Mark Antelme |
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Jimmy Lea Ollie Mills |
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Notes to Editors:
About Savannah Petroleum
Savannah Petroleum PLC is an AIM listed oil and gas company with exploration and production assets in Niger and Nigeria. Savannah's flagship assets include the R1/R2 and R3/R4 PSCs, which cover c.50% of the highly prospective Agadem Rift Basin ("ARB") of South East Niger, acquired in 2014/15. The Company is in the process of acquiring interests in the cash flow generative Uquo and Stubb Creek oil and gas fields and an interest in the Accugas midstream business in South East Nigeria from Seven Energy.
Further information on Savannah Petroleum PLC can be found on the Company's website: http://www.savannah-petroleum.com/en/index.php