SAVANNAH ENERGY ANNOUNCES FY 2023 AUDITED RESULTS, TARGETS 1 GW+ OF RENEWABLE ENERGY PRODUCTS BY YEAR END

Savannah Energy PLC, the British independent energy company has announced its audited results for the year ended 31 December 2023. The results show that its average gross daily production was 23.6 Kboepd, broadly in line with FY 2022 production on a like-for-like basis when adjusted for a planned maintenance programme. The results show that Savannah Energy achieved or exceeded its previously issued financial guidance for the year. Its total revenues as at December 31 2023 stood at US$260.9 million, 11% ahead of previously issued guidance of greater than US$235 million.…

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