Savannah strikes oil in Niger
Niger Well Bushiya-1 in the R3/R4 PSC area has encountered 10 metres of net oil-bearing sandstone, the company statement added.
“This morning’s announcement marks an encouraging start for our multi-well drilling campaign in Niger,” CEO Andrew Knott said. “Our drilling operations have followed the seismic and FTG survey acquisition activities we have conducted in prior years in the ARB and I am very pleased that all of these operations have come in at, or under, budgeted levels and timelines.”
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