Completion of 3D Seismic Acquisition

RNS Number : 8740U

Savannah Petroleum PLC

24 January 2017

 

24 January 2017

Savannah Petroleum PLC

("Savannah" or the "Company")

Completion of 3D Seismic Acquisition

Savannah Petroleum PLC ("Savannah") is pleased to announce the completion of 3D seismic acquisition over a c.800km² portion of the R3 license area, approximately two weeks ahead of schedule and on budget.

The data acquired will now be processed and interpreted, with further updates being provided in due course.

Andrew Knott, CEO of Savannah Petroleum, said:

"I would like to thank the Savannah operational team and our contractor, BGP Niger SARL, for their hard work and efforts in safe and successful delivery of this large 3D seismic survey. With this now complete, we look forward with great excitement to moving into the drilling operations phase on our Niger project."

For further information contact:
Savannah Petroleum	[phone]
Andrew Knott, CEO
Jessica Hostage, Corporate Communications
Strand Hanson (Nominated Adviser)	[phone]
Rory Murphy
James Spinney
Ritchie Balmer
Mirabaud (Joint Broker)	[phone]
Peter Krens
Rory Scott
Stifel Nicolaus Europe Limited (Joint Broker)	[phone]
Callum Stewart
Ashton Clanfield
Celicourt Communications	[phone]
Mark Antelme
Jimmy Lea

 

END

 

 

UPDLLFISLTIVFID