The company has published an updated competent persons report (CPR) compiled by CGG Services (UK), covering its assets in Nigeria. (Image source: Adobe Stock)
British independent energy company Savannah Energy has signed separate share purchase agreements (SPA) with Sinopec International Petroleum Exploration and Production Corporation (SIPC) and Jagal Ventures to acquire 100% of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC)