Savannah Petroleum Share Discussion Threads

[alamaison5] 05/12/2018 15:04

alamaison5 14 Nov '18 - 13:17 - 137 of 148 Edit

Hi Kids,
how are we doing here? Still watching the decline to 25p? So am I, lol.

Not anymore sorry.
Just because on the 12 of Dec everything official will close in Nigeria.
The deal is dead for 2018.
Good luck for 2019...
See you at 22p now.

[alamaison5] 05/12/2018 15:02

25p about to get smash, lol. It didn't take long...

[alamaison5] 05/12/2018 14:37

SAVP: As soon as 25p is breached 22p will come in days.

bad gateway5 Dec '18 - 14:25 - 145 of 145 (Filtered)

[alamaison5] 05/12/2018 14:37

SAVP: As soon as 25p is breached 22p will come in days.

bad gateway5 Dec '18 - 14:25 - 145 of 145 (Filtered)

[alamaison5] 05/12/2018 14:23

bad gateway5 Dec '18 - 12:59 - 142 of 143 (Filtered)

[alamaison5] 05/12/2018 14:22

Lol, the deal...
On the 12 of Dec everything official will close in Nigeria. The deal is dead for 2018.
Good luck for 2019...
See you at 22p now.

[bad gateway] 05/12/2018 12:59

With no news to change the trend then a slide to 23p doesn't look out the question. SP's been heading that way at a fairly consistent manner since the 35p top.
They do need to prove they can make this deal now imo can't expect to just be trusted by the city forever.

[alamaison5] 05/12/2018 12:26

What is? That Nigiria shuts on the 12th of December?
Check this:
With the court closing for the holiday on Wednesday, December 12, the hearing is scheduled for Wednesday, January 9, 2019 shortly after the Court resumes session.

[bushman1] 05/12/2018 11:29

Absolute tripe. A la Maison is so far removed from reality it's simply laughable.

[alamaison5] 05/12/2018 10:31

Lol, the deal...
On the 12 of Dec everything official will close in Nigeria. The deal is dead for 2018.
Good luck for 2019...
See you at 22p now.

[ifthecapfits] 04/12/2018 09:08

Come on - where is this deal......

[bushman1] 02/12/2018 02:32

' Implementation Agreement ' news was due end November, Monday RNS then Ministerial signature prior to Christmas break in Nigeria ?

[zeusfurla] 26/11/2018 18:37

Given the significant recent oil price drop I don't mind any further delay if it results in better deals for SAVP. I expect an update in the next 2/3 weeks or so well before Xmas.

[ifthecapfits] 26/11/2018 11:25

Come on SAVP. Sort it. Tick tock.

[bad gateway] 26/11/2018 08:27

Too many delays unfortunately. I know he's dealing with Nigeria but he still needs to close the deal. Stocks happy trending and not in a good way for longs.


free stock charts from uk.advfn.com

[thelung] 26/11/2018 00:39

31/10 'finalisation of the Implementation Agreement will now take place once these amendments have been agreed and announced. Further updates in relation to this will be provided in the coming weeks'

Over 3 weeks have passed since the last update and there are 5 weeks remaining in Q4, so in essence we're at the halfway point of the current completion phase. Price action suggests a further delay. On the bright side there is the start of production testing in Niger, unless that too is delayed 😤

[rampair] 21/11/2018 05:52

It surely must be concentrating minds here - the oil.price is all over the place and I would imagine that this should assist Savannah in creating some value out of the rather complex Seven assets. We have dropped back to a very tempting range again,

Opinion - R.

[ifthecapfits] 20/11/2018 16:23

Cant be long now.

[zengas] 19/11/2018 13:43

Continual buying by TT International taking their holdings to 41.176m as of todays RNS by adding 350,000 but no mention of them picking up a total of almost 8m more since the last RNS on 21/8/18.

On the 21/8/18 TT increased from 32.595m to 33.454m so have added almost 9m shares in 12 weeks.

On 9/10/18 Savps updated shareholder list showed TT Intl holding 36.7m so in the last month have added 4.5m shares.

[buffythebuffoon] 16/11/2018 11:14

For many companies, as ever in Africa, the proof of the pudding is in the payments received column.

Buffy

[mount teide] 15/11/2018 18:31

“When you go for business development, trying to acquire licenses or make partnerships in West Africa, you can sense the competition,” Bloomberg quoted South African Sasol’s senior VP for exploration and production, Gilbert Yevi. “It’s like a new California gold rush.”


This Oil Boom Is Going Under The Radar - OilPrice.com

'If anyone needed any further proof that Africa is shaping up as the next major hot spot in oil and gas, this year’s edition of Africa Oil Week will provide it. The event launched amid higher oil prices and booming exploration activity across the continent with supermajors and independents both upbeat about their prospects there.

A PwC report on the state of the oil industry of Africa, released on the first day of the event, noted how local oil and gas field operators had adjusted to the lower-price environment and are now in a position to reap the benefits of higher international prices for oil while their costs remain low.

“Africa’s oil & gas companies have weathered the downturns and capitalised on the upswings focusing their efforts on new ways of working, reducing costs and utilising new technology,” one of the authors of the report, PwC Africa Oil & Gas Advisory Leader Chris Bredenhann said.

There is abundant evidence that the message captured in the PwC report reflects reality. None other than Exxon is looking to Africa for its next elephant find. The U.S. Geological Survey estimated that two years ago there were at least 41 billion untapped barrels of crude oil in sub-Saharan Africa alone. Exxon is focusing on western and southern Africa in its exploration work and has been amassing stakes in oil and gas prospect in Ghana, Mauritania, Namibia, and South Africa. The supermajor hopes to strike a discovery containing no less than a billion barrels of crude, also known as an elephant.

BP and Shell are also expanding in Africa. Shell earlier this year announced its first exploration rights acquisition in Mauritania. BP has partnered with Kosmos Energy on a gas project in Senegal. Also in Senegal, ConocoPhillips is partners in the giant SNE block, which might contain up to 1.5 billion barrels of crude.

Then there are the independents, some of them with a special focus on Africa, such as Tullow Oil and Cairn Energy. “When you go for business development, trying to acquire licenses or make partnerships in West Africa, you can sense the competition,” Bloomberg quoted South African Sasol’s senior VP for exploration and production, Gilbert Yevi. “It’s like a new California gold rush.”

The rush is far from contained to legacy oil producers such as Nigeria or Angola. On the contrary, there is a flurry of newcomers on the oil scene, from Uganda and Kenya to Madagascar, which shares a gas-rich basin with Mozambique and has proven oil reserves, which have remained largely untapped until now.

African governments have also sensed which way the wind is blowing. Sudan and South Sudan recently said they had settled their differences and will work together to bring South Sudanese oil to export markets via the single pipeline through Sudan. Ethiopia struck a deal with rebels active in a gas-rich province, improving greatly its chances of getting developed.

In short, Africa has got on the oil bandwagon, and as long as prices stay where they are or at least don’t fall by much, this wagon could go a long way.'

[alamaison5] 14/11/2018 13:17

Hi Kids,
how are we doing here? Still watching the decline to 25p? So am I, lol.

[alamaison5] 14/11/2018 13:17

Hi Kids,
how are we doing here? Still watching the decline to 25p? So am I, lol.