Petroleum Africa
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Tuesday, October 30, 2018
Savannah Petroleum has submitted its pre-feasibility study (PFS) to Niger’s Ministry of Energy and Petroleum. The PFS is in relation to its planned early production scheme on the R3 portion of the R3/R4 PSC in southeast Niger.
Savannah Niger, the company’s subsidiary in the African country, undertook to prepare and submit the PFS within 90 days of the signature of its MoU with Niger. The MoU affirms the commitment of Savannah Niger and the government to realize a domestic-focused EPS using crude oil resources associated withits recent discoveries.
The PFS sets out Savannah Niger’s plans for the Amdigh-1 well test, resource volumes expected to be developed as part of the EPS and associated potential production profiles, as per the company’s announcement of 28 September 2018 and as reviewed by Savannah’s Competent Person, CGG Robertson.
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