Savannah Petroleum Share Discussion Threads

[maverick247] 07/6/2017 15:32

Added here great update

[plentymorefish] 07/6/2017 15:32

Wonder if Malcy will make a comment, he's been keen on this one of late

[pembury] 07/6/2017 15:31

any confidence in ak totally gone
all the endless pr talk about farmout and drilling h1

[lithological heterogeneities] 07/6/2017 15:30

exactly.2 month delay and no JV...again.

[lithological heterogeneities] 07/6/2017 15:29

i was considering selling the lot this morning as was very worried at the lack of interest this past 2 weeks.

[saw89] 07/6/2017 15:27

I think the reaction is due to delay on spudding, not H1

[lithological heterogeneities] 07/6/2017 15:27

what a non event.so no new JV and a 2 month delay in drilling.this explains the selling this past 2 weeks.yet again somebody knew...and it wasn't us poor saps at the bottom of the food chain.

[diversification] 07/6/2017 15:26

Just got some at 37p, I'm happy to wait, plenty of good news in this RNS.

[plentymorefish] 07/6/2017 15:23

Yep, I had to go with that, it was showing at 33.25 at one point but didn't get that lucky but happy with 34.9

[diversification] 07/6/2017 15:22

I can't buy any, just says market best. Now moving up again. Typical tree shake

[plentymorefish] 07/6/2017 15:22

bought a few at 34.9

[runwaypaul] 07/6/2017 15:20

rolling over and letting out a little gas.....

[diversification] 07/6/2017 15:19

What an opportunity this presents, gonna raid the sofas

[zengas] 07/6/2017 15:18

Well all the traders getting out which isn't a bad thing.

[family values] 07/6/2017 15:18

Nothing bad here
Anyone selling is a fool

[buffythebuffoon] 07/6/2017 15:18

Probably a waste of time listening to the investors conference on Friday. There's really nothing to say.

Buffy

[mikeh30] 07/6/2017 15:15

I was questioning my decision to sell at 39.5 the other day. Sheesh

[bushman1] 07/6/2017 15:15

westmoreland. From Steve Jenkins :

"The commencement of our maiden exploration drilling campaign represents the culmination of over two years' of technical and operational work, and I believe we are now strongly positioned with the right team and resources in place to deliver a material step change in Savannah's value. I have always been excited about the subsurface potential of our assets in Niger, and we look forward to starting to demonstrate that potential in the coming months."

[family values] 07/6/2017 15:14

AK, you idiot
Jessica, have you put on a little weight?

All Jessica and no Punch

[westmoreland lad] 07/6/2017 15:12

Not what I hoped for.

Forward Strategy

Savannah remains focused around the delivery of value for all of its stakeholders. The company is in advanced discussions with potential asset partners and with potential new venture counterparties. The Company's position in relation to potential transactions remains unchanged, in that Savannah will only conduct a potential transaction(s) that are viewed as value accretive from a risk adjusted return on invested capital perspective.

[zengas] 07/6/2017 15:07

August spud and no farmout as yet anyway in this announcement.