Savannah Energy Share Discussion Threads

[kinkell] 27/1/2024 15:30

Lets not forget Charlie Munger's view that patience is the key to long term investment success.

[napoleon 14th] 27/1/2024 11:37

Same here.
All this hoopla deserves to be put into a quoted subsidiary - suspended for years -
and the real gas business return to a normal status with a quote and not suspended.

[tens machine] 26/1/2024 10:09

I would be surprised for us not to get a extension of suspension today Save is Beginning to grind my gears

[thommie] 23/1/2024 21:59

Thats why I struggle to believe that creditors are the ones that are holding up the financing. This 30m/month are as well very conservative if you take into account the oil price throughout 23/24 of ca 100$\bbl in average and that AI thinks the net production at the start of 2022 was 75 000 bopd, although it might be more near our used 50 000 bopd number today, the real average over this 25months should be higher as well. If there are some deffered payments included into the 1250b$ number - lets say 150-200m then even at this conservative assumptions we would look at only 300-350m$ outstanding payment if it would close now much lower ofc if the real numbers are better. Although I doubt save is really partnering with Vitol in this (ofc, the risk of losing 300-350m$ for Vitol wouldnt be sth they would be concerned about) but we didnt get the debt from them when we tried to buy chad, wasnt it from somewhere in asia?The most positive sign for me in recent days was that komakino said he knows somebody that works in SS that met with people from SAVE at work.I really pray they get this deal over the line I had too much bad luck with my investments in the last 1,5 years, I am in no need for another failure... :(

[zengas] 23/1/2024 12:59

On reflection it could be unlikely that SAVE would have needed to advertise for staff as these are in place at the JVs between ONGC, CNPC, Petronas unless some decided to leave or move on.

That seems to be the case from the old AI article back on 18-1-22

'Vitol aims for grand slam with Savannah

The success of the two operations in Chad, which are still subject to the approval of the oil and finance ministries, is however only one step in an even more ambitious plan by the Savannah-Vitol duo. Savannah is also looking with great interest at Petronas shares for sale in South Sudan. The British junior informed Petronas of this during the negotiations in Chad. The assets represent some 75,000 bpd for Petronas, with reserves of 300m barrels.
Vitol could also help Savannah financially in exchange for marketing South Sudanese crude.
That would be made easier by the fact that most of Petronas's assets in South Sudan are managed by joint ventures with China's CNPC, which are staffed locally and thus would require the partners to supply little labour. '

The date of the article imo could infer a start date of the transaction as 1/1/22 and now a full 25 months past whch at $30m/month imo could have knocked $750m off the settlement price by now and perhaps some of the balance is attached to a greater oil price and/or production milestones.

[porschefund] 22/1/2024 15:58

Prior to the FY2022 update that appeared to have been rushed out before the year end, the annual Trading Update was released in the last week of January:
FY2020 Trading Update issued 25th January 2021 , FY2021 Trading Update issued 24th January 2022.
Will we see a FY2023 Trading Update in the next few days?

[interzone] 22/1/2024 15:33

No worries Porsche, back to counting the days to Feb again :-)

[porschefund] 22/1/2024 15:26

SAVE has put the following on its website:

HOAX JOB OFFERS

We are aware that a website is falsely purporting to offer jobs from Savannah Energy relating to positions in South Sudan. This website is NOT affiliated in any way with Savannah Energy.

Please be aware that genuine employment opportunities at Savannah Energy are ONLY accessible via the careers page of our website: Careers – Savannah Energy (savannah-energy.com)

Sorry to have raised your hopes!

[affc21] 22/1/2024 15:21

Well, my son ain't half going to be disappointed on his future inheritance now...lol

[interzone] 22/1/2024 15:09

Crikey - scary that anyone would even want to do that!! Oh well, I'm blaming Porsche for not doing their due diligence checks properly, lol :-)

Hopefully AK will brighten things up on the 1st!

[rockyride] 22/1/2024 14:41

Jobs x 11 - They are spam and I think Savannah may put something on their WEB site quite soon. AK is in SS and working as hard as ever.

[rockyride] 22/1/2024 14:07

Less than 10 seconds later without working this up at all:-Job Title: Reservoir ManagerCompany: Savannah EnergyLocation: South SudanJob Description:Savannah Energy, a leading player in the oil and gas industry, is seeking a highly skilled Reservoir Manager to join our team in South Sudan. As a Reservoir Manager, you will be responsible for optimizing reservoir performance, maximizing hydrocarbon recovery, and ensuring the efficient operation of our oil assets in the region.Key Responsibilities:1. Conduct reservoir surveillance and analysis to assess reservoir behavior and performance.2. Develop and implement reservoir management strategies to optimize production and enhance recovery rates.3. Collaborate with multidisciplinary teams to integrate geological, geophysical, and engineering data for reservoir characterization.4. Design and execute reservoir simulation studies to forecast production profiles and evaluate reservoir development strategies.5. Provide technical leadership in reservoir engineering and contribute to field development planning and execution.6. Monitor and analyze well performance, identifying opportunities for production enhancement and optimization.7. Collaborate with drilling and completions teams to ensure well designs align with reservoir management objectives.8. Stay abreast of industry trends, emerging technologies, and best practices in reservoir management.9. Prepare technical reports, presentations, and recommendations for senior management and stakeholders.10. Foster a culture of safety, environmental stewardship, and continuous improvement within the reservoir management team.Qualifications:1. Bachelor's degree in Petroleum Engineering, Reservoir Engineering, or a related field.2. Significant experience in reservoir management within the oil and gas industry, preferably in South Sudan.3. Proficiency in reservoir simulation software and other relevant engineering tools.4. Strong analytical and problem-solving skills with a focus on optimizing reservoir performance.5. Excellent communication and interpersonal skills to collaborate effectively across teams.6. Demonstrated leadership and project management abilities.Join us at Savannah Energy and play a pivotal role in shaping the success of our operations in South Sudan. Apply now to be part of a dynamic team driving innovation and excellence in the oil and gas sector.

[rockyride] 22/1/2024 14:06

AI - Write me a job description for a reservoir manager in South Sudan oil industry to work for Savannah Energy

[fft] 22/1/2024 13:31

All very odd, especially after reading -energy website warning .If the henergy website is a hoax, they are the most detailed and professional looking hoax job offers I have seen. As said before jazzhr is a legit company. Why do that ?But https://savannahenergy.com is a spam/scam site.

[interzone] 22/1/2024 12:10

Link still works for me. Looks legit to me as they are using JazzHR which is a bona fide recruitment software package so would be surprised if this was fake.

[haideralifool] 22/1/2024 11:27

I don't think it is a hoax, because the linkedin link is real. Could be trying to nick the LinkedIn login details though. Doubt it.

[lloydypool] 22/1/2024 10:58

Difference in the website url savannahenergy.applytojob.com/apply/ the actual website is Savannah-ENERGY.COM. Question is, is the other website in anyway connected to the actual Savannah or is it a hoax? I’d guess the latter going by the message on the legit website.

[otemple3] 22/1/2024 10:54

When I click the link now, those vacancies are no longer there so perhaps they were a hoax (seems odd) or perhaps they were posted early (by accident). Hopefully the latter ?

[haideralifool] 22/1/2024 10:46

cjtk could it be that the previous link that was given was generated automatically by someone in SAVE HR as they uploaded the details onto a recruitment platform. On the other hand the SAVE website is subject to the whims of whenever IT bods get round to it.

[e-mail]

[captain james t kirk] 22/1/2024 10:27

This is from the "careers" section of the Company website.
Folk can draw their own conclusions:

[interzone] 22/1/2024 10:09

Given the vacancies that PF found are still open by the look of it, and RR reported that the financing workstream has been put on hold, at the very least you would expect a couple more months before they would actually be ready to take over, assuming it does go ahead. But it's encouraging for sure.

[interzone] 22/1/2024 10:06

Yes, pretty quiet everywhere including the ICC cases and general commentary in South Sudan/Chad etc via news articles and social media. AK is nothing if not careful!

[rockyride] 22/1/2024 09:28

uwg - To be fair, from all the bits I get along with others FAB research, we have no idea whether this will close or not. Even senior people in the company say that AK is extremely careful with what he shares and which cards he keeps close to his chest. However, if those jobs adverts were posted recently I see this as a good sign, although I can't see them on the SAVE sight live myself. For some reason I can only see 1 job in HSE advertised. With regards press news / speculation, yes it's very quiet but I do know that some people do not subscribe to Africa Intelligence due to the high annual costs, 2-3k Pa I think. Also the ICC stuff seems very quiet and I know IZ / Komakino is all over it. Like I've said before SS is huge and could be 15p to 30p without it or over 60p with it. I dare to calculate the variance to myself. Anyway GOOD LUCK

[upwego] 22/1/2024 09:07

Thanks RR

My bets are on not completing I just can't see it. Not even a Ad Doc and nothing from S.sudan in the press regarding Savannah, so might think I`m negative but just my thoughts.. Obviously would love the opposite..