20 December 2022
Savannah Energy PLC
("Savannah" or "the Company")
Savannah Energy Joins the Extractive Industries Transparency Initiative ("EITI")
Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce that it has joined the Extractive Industries Transparency Initiative ("EITI") in support of EITI's mission to promote the open and accountable management of oil, gas and mineral resources. EITI is a global standard for the good governance of oil, gas and mineral resources which seeks to address the key governance issues in the extractive sectors. Savannah's subsidiaries have aligned to EITI principles in Nigeria since 2015 and Savannah seeks to partner with governments and regulators to build and sustain collaborative efforts towards driving and improving transparency, governance and anti-corruption efforts in the countries in which we operate.
Andrew Knott, CEO of Savannah Energy, said:
"We are delighted to join the Extractive Industries Transparency Initiative and welcome further engagement with EITI as it offers additional support to us in demonstrating our robust transparency and accountability practices."
For further information on Savannah's work with EITI, please refer to the EITI website https://eiti.org/supporters/savannah-energy-plc or contact:
| Savannah Energy | +44 (0) 20 3817 9844 |
| Andrew Knott, CEO | |
| Nick Beattie, CFO | |
| Sally Marshak, Head of IR & Communications | |
| | |
| | |
| Strand Hanson (Nominated Adviser) | +44 (0) 20 7409 3494 |
| James Spinney | |
| Ritchie Balmer | |
| Rob Patrick | |
| | |
| | |
| finnCap Ltd (Joint Broker) Christopher Raggett Tim Redfern | +44 (0) 20 7220 0500 |
| | |
| | |
| Panmure Gordon (UK) Ltd (Joint Broker) John Prior | +44 (0) 20 7886 2500 |
| Hugh Rich | |
| James Sinclair-Ford | |
| | |
| Camarco | +44 (0) 203 757 4980 |
| Billy Clegg | |
| Owen Roberts Violet Wilson | |
About Savannah Energy:
Savannah Energy PLC is an AIM quoted British independent energy company focused around the delivery of Projects that Matter in Africa and is active in Cameroon, Chad, Niger and Nigeria.
Further information on Savannah Energy PLC can be found on the Company's website: www.savannah-energy.com.
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
