Savannah Petroleum (SAVP) W Resources (WRES) and Chris Bailey on 2018's Winners and Losers
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On today's Vox Markets Podcast: Savannah Petroleum (SAVP) W Resources (WRES) and Savannah Petroleum (SAVP) W Resources (WRES) and Chris Bailey on 2018's Winners and Losers
Andrew Knott, Chief Executive Officer of Savannah Petroleum (SAVP) provides an update on their Seven Energy Transaction and also their Niger Operations.
Savannah Petroleum PLC is an AIM listed oil and gas company with exploration and production assets in Niger and Nigeria. Savannah's flagship assets include the R1/R2 and R3/R4 PSCs, which cover c.50% of the highly prospective Agadem Rift Basin ("ARB") of South East Niger, acquired in 2014/15. The Company is in the process of acquiring interests in the cash flow generative Uquo and Stubb Creek oil and gas fields and an interest in the Accugas midstream business in South East Nigeria from Seven Energy.
Michael Masterman, Chairman of W Resources (WRES) talks about the progress of their flagship tungsten and tin project at La Parrilla in Spain.
W Resources strategy is to build a European mining company focussed on delivering long term production of tungsten, a key strategic metal with strong market fundamentals. With five projects in Spain and Portugal, W has three tungsten projects: La Parrilla in Spain, Régua and Tarouca in Portugal; the CAA Portalegre gold/copper project in Portugal and the Monforte-Tinoca copper project in Portugal. With two large low cost tungsten mines in development, the focus is on the Fast Track development of La Parrilla and Régua. (Interview starts at 11 minutes 49 seconds)
Chris Bailey founder of Financial Orbit covers the FTSE 100 winners and losers of 2018 including:
British American Tobacco (BATS)
(Interview starts at 18 minutes 22 seconds)
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