Share Name Share Symbol Market Type Share ISIN Share Description
Savannah Petrol LSE:SAVP London Ordinary Share GB00BP41S218 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.25p +0.85% 29.60p 29.40p 29.80p 29.80p 29.40p 29.80p 423,206 16:35:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -20.3 -7.4 - 89.42

Savannah Petrol Share Discussion Threads

Showing 2726 to 2747 of 2750 messages
Chat Pages: 110  109  108  107  106  105  104  103  102  101  100  99  Older
DateSubjectAuthorDiscuss
20/7/2018
15:14
Jeeze. there's just no interest in this stock. One day, perhaps when the Nigeria deal is done, it will wake up. Hopefully not too long now.
ifthecapfits
20/7/2018
13:54
Elevator pitch: hxxps://www.voxmarkets.co.uk/company/SAVP/?mediaAssetId=5b4d9f334f82fd001082da47&jwsource=cl&;mailId=5b51bac54429e9001b8623e1 I expected him at any point to say 'choose hydrocarbons, choose Niger, choose Seven, choose patience'.
haideralifool
20/7/2018
09:49
A couple of good articles + the full article someone posted a snippet of the other day. hTTps://www.savannah-petroleum.com/downloads/releases/AfrOil%2028%20Savannah.pdf hTTps://www.savannah-petroleum.com/downloads/releases/AfrOil%2028%20Nigeria%20gas.pdf
ifthecapfits
19/7/2018
13:32
Having a conversation with yourself?
itsriskythat
19/7/2018
12:34
Hmmm, maybe?
rampair
19/7/2018
10:14
Apologies guys!
astonedt
19/7/2018
09:44
All - article by Newsbase (AfrOil) on recent Savannah discovery in Niger. Full article is in AfrOil Week 28 issue: hxxps://newsbase.com/publications/afroil-africa-oil-gas Niger, the new frontier oil territory A series of new oil discoveries in landlocked Niger has spurred hopes of an unlikely economic advance in what remains one of the world’s poorest nations, writes Martin Clark News of an oil discovery is always exciting, but when it comes in remote Niger – a landlocked country in central Africa ranked among the world’s poorest nations – then the impact is all the more significant. And when it is the third discovery in as many months, the industry sits up and takes notice. Last week, UK-listed explorer savannah Petroleum said it had made its third discovery in Niger since April with the Kunama-1 well. The company expects to provide a more detailed resource and volumes report after a well test pro- gramme has been completed. Its operations are centred around the Agadem Rift Basin (ARB) in the country’s south- east, which could, say geologists, hold around 1 billion barrels of crude. The area is adjacent to the border with Chad, now an established pro- ducer itself, exporting crude from its southern Doba fields via a pipeline to Cameroon and the port of Kribi on the Atlantic coast. Savannah is aiming to emulate the earlier success of China National Petroleum Corp. (CNPC) in its broad Agadem block area, which yielded 95 discoveries from 129 exploration wells. As a result, Niger is now producing around 20,000 bpd, which is mostly sold domestically, with some limited sales to importers in Mali, Burkina Faso and northern Nigeria.
thomasthetank1
18/7/2018
10:34
That’s Savannah Resouces! I wish they didn’t exist..... every time I look at the RNS announcements.....! Buffy
buffythebuffoon
17/7/2018
12:44
you are on the wrong thread astonidiot
honestmarty
17/7/2018
12:29
CEO interview discussing the more robust lithium intersections at the Mina do Barroso Lithium Project http://bit.ly/2zLm3FR
astonedt
14/7/2018
13:06
IH, welcome back, it's as though time has stood still..
bushman1
13/7/2018
21:02
still nothing
lithological heterogeneities
12/7/2018
20:30
Many thanks Zengas. I’ve not met anyone yet who does seem to know. Buffy
buffythebuffoon
12/7/2018
13:28
I think it's remote buffy that it would not go through. Our investment partners are one of the main drivers on the Accugas end and they were also to get warrants as i understand it in Savp (making up the 1140m shares fully diluted). They expected this deal to be signed off 2 weeks ago and now say expected by month end - just over another 2 weeks. I would have thought they could have given another quarter if it was still envisaged as very prolonged. I don't see any update on the seven enery website re the signed deal with NNPC for the additional gas throughput yet the actual gas deals were signed about 3 days ago so 7E no longer immediately up dating ? Was this maybe something that Savp, but particularly Investment partners were pushing to get done as part of the overall deal to improve the economics/investment rationale ? I don't or does anyone know what strand has held the overall deal up ?
zengas
12/7/2018
13:04
Hi Zengas, In your view, where do we stand if the deal doesn’t get signed off; or do you not think that a remote possibility? Buffy
buffythebuffoon
12/7/2018
12:50
Buffy I think the more we learn and understand about the Nigerian assets particularly Accugas we begin to see the rationale for acquiring it and the potential value it may create for us. Im not sure if parislse posts here under a different id but his link on LSE to the following article is worth looking at. To my mind that should read 50-80 mmcf/d spare processing capacity at Uqo (our Accugas facility) before upgrading. We've got 400 mmcf/d or 66,000 boe/d spare pipeline capacity according to it. If NNPC put 200 mmcf/d through us ie 33,000 boepd that' represents just 6.6% of the 500,000 boepd worth of the requirement. That's in addition to our 186 mmcf/d (31,000 boepd) already going to our 3 main customers and we have signed heads of terms for an initial 5mmcf/d which i hope will rise to 30 mmcf/d as they have identified a strong pipeline of additional customers. This is where i see our revenue rocketing sharply and from the following. http://thenationonlineng.net/why-nnpc-signed-pact-with-iocs-on-domestic-gas-supply-shortfall/ ' The Nigerian National Petroleum Corporation (NNPC) has signed an agreement with some International Oil Companies (IOCs) to bridge natural gas deficit in the domestic market. “Domestic gas demand is growing at an exponential rate and outpaces gas supply development plan. A gap of about 3bcfd by 2020 has been identified by NNPC, which will be bridged at the full completion of the Seven Critical Gas Projects. We, therefore, see this as the beginning of the end to the gap in domestic gas supply/demand of 3.5bscfd, as these projects at full implementation will be the final solution in resolving the foreseen domestic gas supply gap. “NNPC has engaged two world- class project management consultants, DeltaAfrik/Worley Parson & Crestech/Penspen, that will work with NPDC and NNPC JV partners and other stakeholders to achieve set project deliverables. The projects include the use of Uquo Gas Plant (200mmscfd) – NPDC OML 13 Utapate gas (Phase 1 AG) – to be developed and processed at the Seven Energy Uquo Gas Plant, which has a capacity of 50mmscfd – 80mmscfd. The processed gas will be evacuated through Seven Energy spare pipeline capacity of 400mmscfd from Uquo Gas Plant to Trans Nigeria Gas Pipeline through Ukanafun-Obigbo Node to OB3. '
zengas
12/7/2018
12:49
Indeed, Buffy. What I still can't get my head round is that as late as June 12th when savp gave out an updated progress report for the retail CC, AK still expected completion by end of that month. Really? You mean he wasn't aware of any obstacles or legal issues that stood in the way, necessitating a delay into Q3?Until the fat lady sings....
divmad
12/7/2018
12:25
I originally got in for the Niger assets, and I was initially disappointed at us getting involved in Nigeria at that stage. Clearly, however, it’s an amazing deal if they get it across the line. I’m really not sure what happens if they don’t. The market is clearly waiting for the sign off. If it’s not done in Q3 then I fear a reaction, even though the Niger assets alone are worthy of the current market cap. In fact if the Seven deal wasn’t pending, I think we’d have had a much better reaction to the 100% success rate. Of course, on trend CNPC results had a 93% success rate over many wells, so maybe expectation was very high anyway. Buffy
buffythebuffoon
12/7/2018
12:14
...and the grand total of 60k shares traded so far on AIM. What will it take to get this excellent story out to a wider audience and then re-rate?
divmad
12/7/2018
12:09
No worries buffy, appreciated and as always dyor but its why i'm invested here and I think todays presentation was excellent. One thing that AK emphasised was the CPR valuation for the Nigerian assets at $663m saying it has a lot of upside to what wasn't in the CPR for those assets at the time - ie future growth via additional distribution throughput, new customers etc at Accugas and upside from the 2C and exploration. $663m alone for Nigeria represents almost 42p share (at 1140m shares allowing for warrants bringing in new money etc if all issued) - so with further growth Nigeria should edge the company imo to a future 100p value range. Niger already delivering 3 discoveries and moving towards an EPS. Can't fault the delivery here so far. Where else can you target a risked 2.8 billion bls of recoverable oil potential with a high COS and kick off with a 100% drilling success rate in 3 prospects to date and described as very repeatable. Realistic 200p target and if this deal on Nigeria is once closed successfully, SAVP has to look like a very attractive fully integrated Oil Company acquisition target.
zengas
12/7/2018
10:48
I often attempt to give a thumbs up to a post, and a message says I can’t vote twice, when I have just tried for the first time. This has happened twice with posts by Zengas, so I just want to say on board, thanks for your excellent posts Zengas. Regards, Buffy
buffythebuffoon
12/7/2018
10:36
Yes Agree entirely
gisjob2
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