Continental Focus, International Reach

Feasibility Study Submitted for Niger Development

Thursday, March 21, 2019

Savannah Petroleum’s subsidiary submitted a feasibility study to the Ministry of Energy and Petroleum in Niger in relation to the company’s planned early production scheme (EPS) and development proposal on the R3 East portion of the R3/R4 PSC in Niger’s Agadem Rift Basin.

The Feasibility Study documents Savannah’s plans to develop the resources discovered during Savannah’s 2018 drilling campaign, which delivered five discoveries from five exploration wells. The EPS is expected to be located on the Amdigh field and is planned to be domestic-focused, with oil produced as part of the EPS expected to be sold to Niger’s refinery, Société de Raffinage de Zinder refinery. The field will be connected to the refinery via the third-party owned Agqadem-Zinder pipeline.

Early production from the company’s planned well test on the Amdigh-1 discovery, the first phase of the EPS, is anticipated to deliver production of about 1,000 bpd.

Following evaluation of results from the Amdigh-1 well test, Savannah intends to submit an addendum to the Feasibility Study which will reflect the relevant technical data from the well test campaign into the planned development scheme.

The planned second phase of the company’s EPS continues to envisage a ramp-up of production to around 5,000 bpd, associated with the construction of a pipeline from the Amdigh development area to the Agadem-Zinder pipeline tie-in point.

Andrew Knott, CEO of Savannah Petroleum, commented: “We are very pleased to have submitted our Feasibility Study in relation to our planned R3 East EPS in Niger. The Feasibility Study is a key marker along the way to us bringing our R3 East discoveries into production, and a further endorsement of our commitment to further developing Niger’s oil industry.

We look forward to continuing to collaborate closely with the Ministry of Energy and Petroleum in Niger as we finalze plans for our upcoming well test on Amdigh-1, as well as for our next phase of exploration drilling.”


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