Investment case
A compelling investment opportunity
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Savannah is focused on delivering material long‐term returns for all stakeholders
Our Board and management team have a strong track record of sustainably growing and monetising energy projects.
Results highlights
H1 2024
Average gross daily production
24.4 Kboepd
Total Income1
US$233.4m
Total Revenues2
US$123.5m
Total Group assets
US$1.5bn
FY 2023
Average gross daily production
23.6 Kboepd
Total Income1
US$289.8m
Total Revenues2
US$260.9m
Total Group assets
US$1.5bn
Our 2023 Annual Report and Accounts
Our 2024 Half -Year Results
Our 2023 Half -Year Results
2024 Awards
A Silver Award for Best Corporate Website - AIM
This award is for corporate websites that are used as a portal of information for various stakeholders, including analysts, investors, and the media. Entries had to demonstrate ease of access and navigation, as well as addressing the website’s responsiveness. Savannah received the award for our new corporate website, launched in May earlier this year.
Silver Award for Best Online CSR or ESG Report
This award honours sustainability reports that successfully showcase an organisation’s commitment to communicating its CSR/ESG principles, and the way it informs and influences its stakeholder groups. Entries had to demonstrate ease of access to key information, including metrics, and the relationship between the work done, the business strategy and the impact made. Savannah entered our 2023 online Sustainability Review in this category, beating both Marks and Spencer Group plc and Prudential plc to take joint silver with Antofagasta plc, with United Airlines taking the gold.
Highly Commended Award for our 2023 Annual Report
This award honours reports that successfully use one document to tell an organisation’s corporate story to stakeholders, clearly demonstrating the ease of access to key information. Savannah entered our 2023 Annual Report and Accounts in this category.
ESG Initiative of the Year
Shortlisted for ‘ESG Initiative of the Year’ at the 2024 Chartered Governance Institute UK & Ireland Awards.
Investment case
A compelling investment opportunity
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Results centre
| Date | 01/10/2024 |
|---|---|
| Title | Savannah's 2024 Half Year results |
| Document | View |
1. Total Income is calculated as Total Revenues2 plus Other operating income.
2.. Total Revenues are defined as the total amount of invoiced sales during the period. This number is seen by management as appropriately reflecting the underlying cash generation capacity of the business as opposed to Revenue recognised in the Consolidated Statement of Comprehensive Income. A detailed explanation of the impact of IFRS 15 revenue recognition rules on our Consolidated Statement of Comprehensive Income is provided in our 2020 Annual Report in the Financial Review section on page 56. Note that Total Revenues is not an audited number.
