Business
Signature of Seismic Call-Off Order
Signature of Seismic Call-Off Order.
About this update from Savannah Energy Plc
[{"type":"text","content":"\n \nRNS Number : 3029F Savannah Petroleum PLC 27 July 2016 \n\n \n \n \n \n \n27 July 2016\nSavannah Petroleum PLC\n(\"Savannah\" or the \"Company\")\n \nSignature of Seismic Call-Off Order\n \nSavannah Petroleum PLC (\"Savannah\") is pleased to announce the signature by one of its subsidiaries of a call-off order (\"Call Off\") under the previously signed framework contract for seismic acquisition services with BGP Niger SARL (\"BGP\").\n \nThe Call Off provides for the acquisition of c.800km2 of 3D seismic data over part of the Company's R3 license area in south east Niger. The data acquired will provide enhanced definition over 12 existing mapped exploration targets (\"Targets\"), identified on Savannah's existing 2D seismic dataset. The Targets themselves incorporate stacked traps at multiple play levels (the Oligocene Upper Sokor, the Eocene Sokor Alternances and the Upper Cretaceous Yogou formations) which may be evaluated in single exploration wells. In addition, the historical application of 3D seismic in this basin clearly demonstrates that additional Targets tend to be added to the portfolio through the additional coverage that the data provide.\n \nMobilisation of crew and equipment is expected to commence shortly, and further updates will be provided as appropriate.\n \n\n\n\n\nFor further information contact:\n \n\n\n \n\n\n\n\nSavannah Petroleum \n\n\n+44 (0) 20 3817 9844\n\n\n\n\nAndrew Knott, CEO\n\n\n \n\n\n\n\nJessica Hostage, Corporate Communications\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nStrand Hanson (Nominated Adviser)\n\n\n+44 (0) 20 7409 3494\n\n\n\n\nRory Murphy \n\n\n \n\n\n\n\nJames Spinney\n\n\n \n\n\n\n\nRitchie Balmer\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nMirabaud (Broker)\n\n\n+44 (0) 20 7878 3362\n\n\n\n\nPeter Krens\n\n\n \n\n\n\n\nRory Scott\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nCelicourt Communications \n\n\n+44 (0) 20 7520 9266\n\n\n\n\nMark Antelme\n\n\n \n\n\n\n\nJimmy Lea\n\n\n \n\n\n\n\n \n \n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCSEEFLMFMSEIW\n ","length":4957,"tagName":"di...