News

Wakefield Quin advises Savannah Petroleum PLC on credit facility to Seven Energy

  • December 2017

Wakefield Quin advised client Savannah Petroleum PLC on Bermuda law financing and security matters relating to a credit facility to Seven Energy, a leading integrated gas company in south east Nigeria, with upstream oil and gas interests in the region.

Savannah Petroleum is a UK oil and gas company focused around the exploration, appraisal and development of the R1/R2 and R3/R4 PSC areas of the Agadem Rift Basin in South East Niger.

The Wakefield Quin team, acting as Bermuda legal counsel, was led by Erik Gotfredsen with the assistance of John Blackwood. Latham & Watkins, acted as legal counsel to Savannah Petroleum PLC.