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Savannah Petroleum ( (GB:SAVE) ) has issued an announcement.
Savannah Energy PLC announced significant operational and financial updates for the first nine months of 2025, including a proposed fundraising, share buyback arrangement, and warrant cancellation. The company reported a 9% increase in total revenues and a 5% rise in cash collections, alongside strategic developments such as the acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited and the introduction of NIPCO as a new strategic shareholder. These initiatives are expected to enhance Savannah’s market position and facilitate further growth in the African energy sector.
More about Savannah Petroleum
Savannah Energy PLC is a British independent energy company focused on delivering projects in the oil, gas, and power sectors. The company operates primarily in Nigeria and Niger, with a focus on increasing cash collections, refinancing debt facilities, and expanding its operations through acquisitions and development projects.
Average Trading Volume: 1,294
Technical Sentiment Signal: Sell
Current Market Cap: £112.7M
See more data about SAVE stock on TipRanks’ Stock Analysis page.