Duyuru • May 08
Savannah Energy PLC, Annual General Meeting, Jun 01, 2026 Savannah Energy PLC, Annual General Meeting, Jun 01, 2026. Location: the offices of burness paull llp, level 3, 50 lothian road, festival square, eh3 9wj, edinburgh United Kingdom Duyuru • Jun 07
Savannah Energy PLC, Annual General Meeting, Jun 30, 2025 Savannah Energy PLC, Annual General Meeting, Jun 30, 2025. Location: the companys office, 40 bank street, e14 5nr, london United Kingdom Duyuru • May 28
Savannah Energy plc Provides Production Guidance for the Remainder of the Year 2025 and Fiscal Year 2026 Savannah Energy PLC provided production guidance for the remainder of the year 2025 and fiscal year 2026. Given the significant ongoing operation work, including completion of compression, site and logistical preparations for upcoming material drilling activity and other ongoing well activities, together with anticipated levels of customer demand, the company expects production to average around 20 Kboepd for the remainder of the year.
From Second Quarter 2026, following the drilling and tie-back of Uquo NE, the company expects to materially increase gas delivery capacity to up to 200 MMscfpd (approximately 33.3 Kboepd) in addition to increased oil production from Stubb Creek, which is expected to reach 4.7 Kbopd during H2 2026. Duyuru • Oct 02
Savannah Energy plc Provides Earnings Guidance for the Year 2024 Savannah Energy PLC provided earnings guidance for the year 2024. For the period,the company expects total Revenues greater than USD 245 million. Duyuru • Jun 08
Savannah Energy PLC Provides Earnings Guidance for the Year Ending December 31, 2024 Savannah Energy PLC provided earnings guidance for the year ending December 31, 2024. For the year, the company expects total revenues greater than USD 245 million. Duyuru • Mar 30
Savannah Energy Revises Cancelation Date to May 17 Further to the Savannah Energy PLC's announcement on 1 February 2024, the Company confirms that it remains suspended from trading on AIM, with a revised cancellation date of 17 May 2024, whilst it continues to advance the various workstreams, including receipt of in-country approvals, required to complete the acquisition of PETRONAS International Corporation Limited's energy business in South Sudan. The Company will provide a more detailed update regarding the ongoing process to complete the transaction during the course of next week. Duyuru • Jul 23
Savannah Energy plc Announces Resignation of Sylvie Rucar, Non-Executive Director Savannah Energy PLC announced that Sylvie Rucar, non-executive director, will step down from the Board with immediate effect for personal reasons. Duyuru • Feb 01
Savannah Energy PLC Announces the Appointment of Sylvie Rucar as Independent Non-Executive Director Savannah Energy PLC announced the appointment of Sylvie Rucar as an independent Non-Executive Director to the Board with immediate effect. Sylvie is a seasoned professional in finance, with significant expertise across multinational businesses both in an executive management and a non-executive capacity as board member and audit committee chairwoman. She was formerly CFO of PSA Group (the CAC 40 automotive company now known as Stellantis), Deputy CFO of Société Générale (the CAC 40 bank), a Non-Executive Director of CFAO S.A.S. (the €5.8bn revenue African-focused automotive and pharma retail company) and a senior advisor to leading global professional services firm, AlixPartners. She is presently a Non-Executive Director of Alstom S.A. (the CAC 40 railway and services equipment company) and Avril Gestion S.A.S. (the €6.2bn revenue private vegetable oil and protein company). Sylvie also serves as Treasurer of Les Amis De Bassiata et des Enfants du Niger (a Niger focused education charity). Duyuru • Dec 13
Savannah Energy PLC (AIM:SAVE) entered into a share purchase agreement to acquire PETRONAS Carigali Nile Limited from PETRONAS International Corporation Ltd for $1.25 billion. Savannah Energy PLC (AIM:SAVE) entered into a share purchase agreement to acquire PETRONAS Carigali Nile Limited from PETRONAS International Corporation Ltd for $1.25 billion on December 12, 2022. The Transaction Consideration is expected to be financed through a combination of the enlarged Group's available cash resources and debt. As on June 30, 2022, PETRONAS Carigali Nile Limited generated total assets of $994.0 million and net assets of $492.0 million. The transaction is subject to regulatory and shareholders approval of Savannah Energy PLC. Strand Hanson Limited acted as financial advisor to Savannah Energy PLC. Duyuru • Dec 11
Savannah Energy PLC Announces Board Changes Savannah Energy PLC announced that the proposed appointments of Sarah Clark and Dr Djamila Ferdjani as Non-Executive Directors of the Board will become effective on completion of the ExxonMobil Transaction. The appointment of Sylvie Rucar has been delayed due to personal reasons and is now anticipated to become effective during early 2023. Sarah Louise Clark: Sarah aged 44, was an elite level athlete for 18 years and is a former British, European and Commonwealth champion in the sport of judo, who competed at three Olympic Games for Great Britain. She is currently CEO of Edinburgh, Judo one of the UK's largest, most successful and fastest growing judo clubs catering for beginners to Olympic medallists. Sarah currently serves as a Non-Executive Director of JudoScotland (the governing body for judo in Scotland). Sarah has worked extensively in mentor, role model and leadership positions with organizations such as the Dame Kelly Holmes Trust, the Youth Sport Trust and the Winning Scotland Foundation. In these roles, her focus has been to deliver personal and group development programmes to young people from disadvantaged backgrounds and communities. She has also worked extensively with individuals and companies delivering programmes around the positive learnings businesses can take from the elite level sport world. Current Directorships: Peebles Sport Ltd. Dr Djamila Ferdjani: Dr Ferdjani, aged 60, is a medical doctor, entrepreneur and social activist. She founded the Pro-Santé Polyclinic in Niger, of which she was President and CEO. Djamila formerly served as a technical consultant to the Islamic Development Bank and as a Professor of Health Prevention and Promotion at the African Development University. She is a founding Board member of Afrikajom (the leading Pan African human rights focused think tank) and is the founder and President of MedCom NGO (a Niger focused medical and educational NGO). She is a former a member of the executive committee of the Orange Niger Foundation. She regularly speaks at African focused Human Rights events, including those organised by the World Bank, Oxfam, Plan International, the G5 Sahel, The Open Society Initiative for West Africa, the National Democratic Institute and TEDx. Dr Ferdjani has been named by the United Nations Population Fund as one of the100 women leaders in Niger and by Facebook as one of 19 African LeadHERs breaking boundaries in the fields of media, entertainment, education and business. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director David Clarkson was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
First half 2022 earnings released: US$0.018 loss per share (vs US$0.003 loss in 1H 2021) First half 2022 results: US$0.018 loss per share (further deteriorated from US$0.003 loss in 1H 2021). Revenue: US$85.8m (down 14% from 1H 2021). Net loss: US$20.3m (loss widened US$17.2m from 1H 2021). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 30
Savannah Energy PLC Reiterates Earnings Guidance for the Year 2022 Savannah Energy PLC reiterated earnings guidance for the year 2022. The company’s total revenues greater than USD 215.0 million. Board Change • Jul 14
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director David Clarkson was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 09
Full year 2021 earnings released Full year 2021 results: Revenue: US$185.8m (up 9.9% from FY 2020). Net income: US$768.0k (up US$6.99m from FY 2020). Profit margin: 0.4% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 181%, compared to a 52% growth forecast for the oil industry in Germany. Duyuru • Jun 09
Savannah Energy PLC Announces Board Appointments Savannah Energy PLC announced the appointment of a new Group Chief Financial Officer and several Board changes that are anticipated to take effect over the coming months. Nick Beattie, current interim Group Chief Financial Officer ("CFO") of Savannah Energy, has been confirmed as the Group's permanent CFO and has been appointed to the Board of Directors effective 6 June 2022. Steve Jenkins has agreed with the Company's Board that he will step down from his role as Non-Executive Chairman at or prior to the 2023 Annual General Meeting ("AGM") but will continue to serve as a Non-Executive Director. The search for a Chair-Designate has commenced and it is expected that an appointment will be made during H2 2022. Savannah would like to take this opportunity to thank Steve for his strong leadership of the Board from Savannah's initial listing to the current day, and is grateful that his experience will be retained in his continuing role as a Non-Executive Director. Nick joined the Group in April 2019 as Group Treasurer and was appointed Interim Group CFO and Company Secretary in August 2021. During his time at Savannah, Nick has been actively involved in all finance and business development activities for the Group. Nick has an extensive background in financing energy companies, including seven years with BNP Paribas where he was a Managing Director in the Upstream Oil and Gas team in London, responsible for leading the bank relationships with UK-focused independent E&P companies. Nick is a Fellow of the Chartered Banker Institute and a Member of the Chartered Institute for Securities and Investment. David Jamison will retire from the Board, effective 30 June 2022. Savannah would like to sincerely thank David for his commitment and service to the Savannah over his eight years as a Director and is delighted to advise that David has agreed to assume the role of Honorary President of Savannah, where his considerable experience will remain available to the Group. Savannah is also announced that it intends to appoint three new Non-Executive Directors to the Board following the completion of the Group's proposed acquisitions of the ExxonMobil upstream and midstream asset portfolios in Chad and Cameroon. Sarah Clark, Dr. Djamila Ferdjani and Sylvie Rucar have successful backgrounds in a diverse range of industries and will significantly strengthen the Board's experience and ability to maintain the highest standards of governance. The biographies of Nick Beattie and the proposed three new Non-Executive Directors can be found below. Information required pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies on Nick Beattie is also set out below, while the same information for the three new Non-Executive Directors will be set out in a subsequent announcement that confirms their appointment. Sarah was an elite level athlete for 18 years and is a former British, European and Commonwealth champion in the sport of judo, who competed at three Olympic Games for Great Britain. She is currently CEO of Edinburgh Judo one of the UK's largest, most successful and fastest growing judo clubs catering for 4-year-old beginners all the way through to Olympic medalists. Sarah currently serves as a Non-Executive Director of JudoScotland (the governing body for judo in Scotland). Sarah has worked extensively in mentor, role model and leadership positions with organizations such as with the Dame Kelly Holmes Trust, the Youth Sport Trust and the Winning Scotland Foundation. In these roles her focus has been to deliver personal and group development programmes to young people from disadvantaged backgrounds and communities. She has also worked extensively with individuals and companies delivering programmes around the positive learnings businesses can take from the elite level sport world. Dr. Djamila Ferdjani: Djamila is a medical doctor, entrepreneur and social activist. She founded the then largest private medical hospital in Niger, the Pro-Santé Polyclinic, of which she was President and CEO. Djamila formerly served as a technical consultant to the Islamic Development Bank and as a Professor of Health Prevention and Promotion at the African Development University. She is a founding Board member of Afrikajom (the leading Pan African human rights focused think tank) and is the founder and President of MEDCOM (a Niger focused medical and educational NGO). She is a former a member of the executive committee of the Orange Niger Foundation. She regularly speaks at African focused Human Rights events, including those organised by the World Bank, OXFAM, Plan International, the G5 Sahel, OSIWA, NDI and TEDX. Djamila has been named by the United Nations Population Fund as one of the 100 women leaders in Niger and by Facebook as one of 19 African LeadHERs breaking boundaries in the fields of media, entertainment, education and business. Sylvie Rucar: Sylvie is a former CFO of PSA Group (the CAC 40 automotive company now known as Stellantis), Deputy CFO of Societe Generale (the CAC 40 bank) and senior advisor to leading global professional services firm, Alix Partners. She is presently a Non-Executive Director of Alstom (the CAC 40 railway and services equipment company), CFAO (the €5.8bn revenue African-focused automotive and pharma retail company) and Avril Gestion (the €6.2bn revenue private vegetable oil and protein company). Sylvie also serves as Treasurer of Les Amis De Bassiata et des Enfants du Niger (a Niger focused education charity). Sylvie is a seasoned professional in finance, with a large expertise across multinational businesses both in an executive management and a non-executive capacity as board member and audit committee chairwoman. Duyuru • Jun 07
Savannah Energy PLC to Report Fiscal Year 2021 Results on Jun 07, 2022 Savannah Energy PLC announced that they will report fiscal year 2021 results After-Market on Jun 07, 2022 Breakeven Date Change • Apr 27
Forecast breakeven date pushed back to 2022 The 2 analysts covering Savannah Energy previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of US$79.1m in 2022. Average annual earnings growth of 97% is required to achieve expected profit on schedule. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director David Clarkson was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Feb 21
Forecast breakeven date pushed back to 2022 The 2 analysts covering Savannah Energy previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of US$89.7m in 2022. Average annual earnings growth of 64% is required to achieve expected profit on schedule. Breakeven Date Change • Jan 04
Forecast breakeven date pushed back to 2022 The analyst covering Savannah Energy previously expected the company to break even in 2021. New forecast suggests the company will make a profit of US$30.6m in 2022. Average annual earnings growth of 158% is required to achieve expected profit on schedule. Board Change • Jan 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director David Clarkson was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
