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Savannah Energy’s South Sudan Acquisition Progresses with New Collaboration
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Savannah Energy’s South Sudan Acquisition Progresses with New Collaboration

Story Highlights
  • Savannah Energy’s shares remain suspended pending a decision on a South Sudan transaction.
  • Savannah has partnered with another company to explore a South Sudan deal, with updates due by February 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An announcement from Savannah Petroleum ( (GB:SAVE) ) is now available.

Savannah Energy has announced that its shares remain suspended from trading on AIM pending further developments related to a proposed transaction for acquiring ex-PETRONAS assets in South Sudan. An affiliate of Savannah has entered into an agreement with another energy company to explore collaboration on this potential transaction, with further updates expected by February 2025.

More about Savannah Petroleum

Savannah Energy PLC is a British independent energy company focused on delivering impactful projects in Africa.

YTD Price Performance: -0.04%

Average Trading Volume: 3,124

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £344.5M

For detailed information about SAVE stock, go to TipRanks’ Stock Analysis page.

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