| As at 1 January 2025 | 2P Reserves | 2C Resources | ||
|---|---|---|---|---|
| Gross | Net | Gross | Net | |
| Niger1 | ||||
| Oil (MMstb) | 35.0 | 33.3 | ||
| Nigeria2 | ||||
| Oil and condensate (MMstb) | ||||
| Uquo | 0.7 | 0.6 | - | - |
| Stubb Creek3 | 14.1 | 14.1 | - | - |
| Gas (Bscf) | ||||
| Uquo | 496.1 | 396.8 | 55.1 | 44.1 |
| Stubb Creek3 | - | - | 513.1 | 513.1 |
| Total (MMboe) | 97.4 | 80.7 | 129.7 | 126.2 |
1. CPR dated 17 December 2021 for the Niger assets was compiled by CGG which certified 2C Resources. For Niger, the Net portion of the gross resources are attributable to Savannah before royalties, taxes and government share of profit.
2. A CPR, dated March 2025, for the Nigeria Assets was compiled by McDaniel & Associates, which certified 2P Reserves and 2C Resources as at 31 March 2025. The Reserves and Resources have been adjusted to year end 2024 considering produced volumes in Q1 2025.
3. Stubb Creek net reserves as at 31 December 2024 are adjusted to include Savannah’s 100% economic ownership of Stubb Creek which became effective post period end, in March 2025, on completion of the SIPEC Acquisition.
