SAVANNAH PETROLEUM

Savannah Petroleum PLC is a United Kingdom-based oil and gas company. The Company's principal activity is the management of its investment in Savannah Petroleum 1 Limited (SP1). SP1 is a subsidiary of the Company. SP1 is engaged in the management of its investment in Savannah Petroleum 2 Limited (SP2) and the provision of services to other companies within the Company. SP2 holds interest in Savannah Petroleum Niger R1/R2 S.A. (R1/R2), which is engaged in the exploration of hydrocarbons in the Republic of Niger. The Company is focused around the exploration, appraisal and anticipated development of the R1/R2 and R3/R4 production sharing contracts in South East Niger.