Savannah Petroleum declares success at its latest oil exploration campaign in Nigeria. Photo courtesy of Savannah Petroleum Aug. 15 (UPI) — The latest confirmed oil discovery in a basin in southeast Niger makes it four in a row for Savannah Petroleum’s exploration campaign, the company stated. The company ran through a 45-foot column of oil at its Eridal-1 exploration well, making it the fourth discovery in a row in the Agadem Rift basin in southeastern Niger. Production tests are ongoing, but the company said it wasn’t providing a full reserve estimate until results are completed and evaluated. CEO Andrew Knott said in a statement that the latest discovery adds to Savannah’s “meaningful” oil potential in the Agadem Rift basin. Savannah, a British company with a core focus on Niger and Nigeria, has two production sharing contracts in Niger and found the area to be relatively underexplored, though Chinese companies […]