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Savannah Energy PLC (SAVE.L)

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Investing in Savannah Energy (LON:SAVE) a year ago would have delivered you a 36% gain
If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can significantly...
Reuters
Chad contests Savannah Energy acquisition of Exxon Mobil assets
N'DJAMENA (Reuters) -Chad may ask its courts to block Savannah Energy's purchase of Exxon Mobil Corp's assets in the country, saying the final terms of the deal were substantially different from what had been presented to it a year ago. Exxon Mobil closed the $407 million sale of its operations in Central African countries Chad and Cameroon to London-listed Savannah on Friday. Chad's Hydrocarbon and Energy Ministry said in a statement that it took issue with Savannah's claim that it had given "tacit consent" to the transaction with Exxon.
Reuters
Savannah Energy follows Chad deal with South Sudan acquisition
London-listed Savannah Energy has agreed to buy producing oil fields in South Sudan from Malaysia's state energy firm Petronas for up to $1.25 billion, it said on Monday. The announcement followed Exxon Mobil Corp closing a $407 million sale of its operations in Central Africa's Chad and Cameroon to Savannah on Friday. Other shareholders in the South Sudan fields, which have a gross output of 153,000 barrels per day, include China's CNPC and Sinopec, India's ONGC and Nilepet, the national oil company of South Sudan.