Savannah Petroleum PLC Appointment of Chief Operating Officer (5856W)

TIDMSAVP

RNS Number : 5856W

Savannah Petroleum PLC

12 December 2019

12 December 2019

Savannah Petroleum PLC

("Savannah" or "the Company")

Appointment of Chief Operating Officer

Savannah Petroleum PLC, the British independent oil & gas company focused on activities in Niger and Nigeria, is pleased to announce the appointment of Antoine Richard as the Company's Chief Operating Officer, with effect from 12 December 2019.

Antoine has over 20 years' experience in the oil & gas industry, including over 10 years' experience of working in West Africa. Antoine previously acted as VP Operations for Savannah between 2016 and 2018, and prior to this had worked for both major (Total) and independent (Perenco) oil and gas companies. He has a strong operational background, with a focus on production optimisation, onshore facilities design and operation, management of drilling campaigns and seismic acquisition programs. Previous positions at Perenco included Global HSE Manager, Country Manager roles for DR Congo, Egypt and Venezuela and Area Manager for Egypt & North Africa.

Antoine will be based in Lagos, and is replacing David Clarkson who, having served as Chief Operating Officer since June 2018, will be returning to his role on Savannah's Board as a Non-Executive Director.

Andrew Knott, CEO of Savannah Petroleum, said:

"I would like to warmly welcome Antoine back to the Company. He brings a significant amount of operational experience to the Savannah team and joins at a very exciting time for the Company. I would also like to thank David for his significant contribution as we executed on our Niger operational campaign and conducted the integration of our Nigerian assets."

 
  For further information 
   contact: 
                               [phone] 
 Savannah Petroleum             9844 
 Andrew Knott, CEO 
 Isatou Semega-Janneh, CFO 
 Jessica Ross, VP Corporate 
  Affairs 
 
 Strand Hanson (Nominated      [phone] 
  Adviser)                      3494 
 Rory Murphy 
 James Spinney 
 Ritchie Balmer 
 
                               [phone] 
 Mirabaud (Joint Broker)        3362 
 Peter Krens 
 Ed Haig-Thomas 
 
 Numis Securities (Joint       [phone] 
  Broker)                       1000 
 John Prior 
 Emily Morris 
 Alamgir Ahmed 
 
 Jefferies International       [phone] 
  Limited (Joint Broker)        8000 
 Tony White 
 Will Soutar 
 
                               [phone] 
 Celicourt Communications       2754 
 Mark Antelme 
 Jimmy Lea 
  Ollie Mills 
 

The information contained within this announcement is considered to be inside information prior to its

release, as defined in Article 7 of the Market Abuse Regulation No.596/2014, and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

Notes to Editors:

About Savannah Petroleum

Savannah Petroleum PLC is an AIM listed oil and gas company with exploration and production assets in Niger and Nigeria. Savannah's flagship assets include the R1/R2 and R3/R4 PSCs (which cover c.50% of the highly prospective Agadem Rift Basin ("ARB") of South East Niger) and interests in the cash flow generative Uquo and Stubb Creek oil and gas fields and Accugas midstream business in South East Nigeria.

Further information on Savannah Petroleum PLC can be found on the Company's website: http://www.savannah-petroleum.com/en/index.php

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December 12, 2019 02:00 ET (07:00 GMT)