Savannah in new Niger find

Niger

LONDON, June 6, 2018 – Savannah Petroleum has struck 22 metres of net oil pay in a well in Niger, the independent announced on Wednesday.

The discovery in well Amdigh-1 in the R3/R4 PSC area came a month after well Bushiya-1 in the same permit encountered 10 metres of net oil-bearing sandstone, the company statement added.

“Given these successes, we have now engaged external consultants to commence detailed development concept evaluation work around the creation of a potential R3 East Area Early Production System,” CEO Andrew Knott said. “On the drilling front, I expect our near-term focus to remain on the prospects in the R3 area and we expect to provide further updates on potential additional drilling activity over the coming months.”