Savannah Energy PLC, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, announces that, it is in advanced exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon (the “Proposed Acquisition”). Platforms Africa reports that the Proposed Acquisition would include a 40% operated interest in the Doba Oil Project, and an effective c. 40% interest in the Chad-Cameroon oil transportation pipelines. READ ALSO: Nigeria hands over Marginal…
Read MoreSavannah Energy Ups Takeover plan for ExxonMobil’s Chad, Cameroon Assets
