Shore Capital reaffirmed their buy rating on shares of Savannah Petroleum PLC (LON:SAVP) in a research report released on Wednesday.

Savannah Petroleum PLC (LON:SAVP) opened at 35.625 on Wednesday. The firm has a 50-day moving average of GBX 30.85 and a 200-day moving average of GBX 29.38. Savannah Petroleum PLC has a 12-month low of GBX 25.20 and a 12-month high of GBX 38.00. The firm’s market cap is GBX 68.88 million.

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About Savannah Petroleum PLC

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.

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