Savannah Energy (LSE:SAVE) reported a 4% increase in total revenues, reaching $147.3 million for the first seven months of 2025, alongside a 37% growth in cash collections. The company has secured a drilling contract for the Uquo Field in Nigeria, with substantial gas production anticipated by early 2026. Other strategic initiatives include the expansion of the Stubb Creek asset and ongoing discussions for a joint development agreement in Cameroon. These efforts reflect Savannah’s focus on boosting production capacity and expanding its asset portfolio, potentially strengthening its market position and creating growth opportunities for stakeholders.
About Savannah Energy PLC
Savannah Energy PLC is a British independent energy company engaged in oil and gas production. The firm operates primarily in West and Central Africa, with active projects in Nigeria, Niger, Chad, and Cameroon, aiming to deliver sustainable, high-impact energy developments.
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