Indian billionaire family-linked Savannah Energy strikes gas at a second Nigerian well
Savannah Energy struck gas at a second Nigerian well, but its shares stay suspended over late accounts and net debt sits at $672 million.
NIPCO
Nigeria's NIPCO, controlled by Indian billionaire Ramesh Kansagra, acquires 19% of Savannah Energy
NIPCO Plc, controlled by the wealthy Kansagra family via Purebond, is acquiring about 19% of London-listed Savannah Energy.