Savannah Energy PLC, a British independent energy company, has announced the completion of its acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited ...

Savannah Energy, a British independent energy company, has completed the acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria (SIPEC). This acquisition ...

The company, in a statement, said SIPEC’s principal asset is the 49 per cent non-operated interest in the Stubb Creek oil & gas field, which is operated and 51 per cent owned by Universal Energy ...

The total consideration paid at completion was approximately $35.1m, inclusive of $19.5m of SIPEC’s cash reserves, with an additional $2m in deferred cash consideration payable over eight ...

The total consideration paid at completion was about $35.1 million, including roughly $19.5 million of cash available to SIPEC, and an additional $2 million in deferred cash consideration to be ...

Savannah Energy will increase production at Stubb Creek field in Akwa Ibom State, Nigeria following a recent acquisition.

LONDON - Savannah Energy PLC, a British independent energy company, announced today the completion of its acquisition of Sinopec (OTC:SHIIY) International Petroleum (TSX:IPCO) Exploration and ...

(Alliance News) - Savannah Energy PLC on Monday said it has completed the acquisition of Sinopec International Petroleum Exploration and Production Co Nigeria Ltd, or Sipec.