AGP Executive Report

Energy & Investment: Savannah Energy says it has completed drilling and tie-back of the Uquo 13 development well in Nigeria, reaching first gas in July and testing at about 50 million cubic feet per day, while the Uquo South exploration well is also being completed; the company expects higher output after Uquo 13 comes fully online, with FY 2026 average gross daily production forecast around 18–20 Kboepd and upside from Uquo South. Finance & Cashflow: In its unaudited 7-month operational and financial update to 31 July 2026, Savannah reports Nigeria cash collections up 13% year-on-year to US$247.9 million, alongside a 10% rise in revenue to US$160.6 million, and notes progress on refinancing debt facilities. Local Market Focus: The update frames the work as expanding gas supply for local markets and supporting broader electricity investment plans across Africa.

Energy & Investment: Savannah Energy says it has completed drilling and tie-back of Nigeria’s Uquo 13 development well, reaching first gas in July and testing at about 50 mcf/d, while Uquo South is being completed after spudding in early August; the company expects production to rise above 20 Kboepd in the remaining months and flags upside from the new well. Finance & Operations: In its unaudited 7-month update to 31 July 2026, Savannah reports Nigeria cash collections up 13% year-on-year to US$247.9m, alongside group revenue up 10% to US$160.6m, with production expansion at Stubb Creek delivering a 29% jump to 3.7 Kbopd. Regional Trade & Security: A new read on the “AES” narrative says Togo and Chad haven’t formally joined the Alliance of Sahel States, but both are drifting into its orbit through practical alignment—especially via transport corridors and security cooperation. Geopolitics: Chad and Sudan tensions are escalating after N’Djamena accused Sudan’s army of an air operation on Chadian territory involving drones and aircraft.

Energy & Gas Investment: Savannah Energy says it has completed drilling and tie-back of Nigeria’s Uquo 13 development well, reaching first gas in July and testing at about 50 mcf/d, while Uquo South is being completed after spudding in early August—both tied to Savannah’s Uquo license area and the Uquo Central Processing Facility. Business Performance: In its unaudited 7-month operational and financial update, Savannah reports Nigeria cash collections up 13% year-on-year to US$247.9m, with group production averaging 16.3 Kboepd for 7M 2026 and expectations to push above 20 Kboepd after Uquo 13 comes fully on stream. Regional Trade & Security Alignment: A new read on the “AES” narrative says Togo and Chad have not formally joined the Alliance of Sahel States, but both are drifting into its orbit through practical economic and security cooperation—highlighting transport corridors and trade facilitation that can reshape regional business routes. Cross-Border Risk: Chad and Sudan tensions are rising after N’Djamena accused Sudan’s army of an air operation on Chadian territory involving drones and aircraft.

Energy & Gas Investment: Savannah Energy says it has completed drilling and tie-back of the Uquo 13 development well in Nigeria, reaching first gas in July and testing at about 50 mcf/d, while the Uquo South exploration well is being completed after spudding in early August—both tied to Savannah’s Uquo license area and processing infrastructure. Company Finance Signals: In its unaudited 7-month operational and financial update, Savannah reports Nigeria cash collections up 13% year-on-year to US$247.9m (7 months to 31 July 2026), with group daily gross production averaging 16.3 Kboepd and expectations to push above 20 Kboepd over the rest of 2026. Regional Trade & Connectivity: Afriqiyah Airways has launched the first direct Tripoli–N’Djamena flights in years, with the Chadian Embassy in Libya citing the return of 44 detained Chadians and calling the route a new artery for travel, economic and trade exchanges, and regional stability. Security & Diplomacy Watch: Coverage also flags rising tensions between Chad and Sudan, with N’Djamena accusing Sudanese forces of an air operation on Chadian territory involving drones and aircraft.

Aviation & Trade Links: Direct flights resumed between Tripoli and N’Djamena after several years, with Afriqiyah Airways launching the route and Libya’s Chadian Embassy saying it helped bring back 44 detained Chadian citizens while also creating a new “artery” for travel, trade, and regional integration. Energy & Gas Development: Savannah Energy reported completion of drilling and tie-back for the Uquo 13 development well in Nigeria, bringing first gas in July and testing at about 50 mcf/d, while work continues on Uquo South; the company also flagged stronger cash collections in Nigeria, up 13% year-on-year to US$247.9m for the seven months to 31 July 2026. Regional Geopolitics & Security Alignment: A new analysis says claims that Chad and Togo have “joined” the Alliance of Sahel States (AES) are premature, but both are increasingly aligned in practice—especially through economic and security cooperation—raising the stakes for how Chad’s business and logistics environment may be shaped by shifting regional partnerships. Humanitarian & Regional Tensions: Chad and Sudan tensions escalated after N’Djamena accused Sudan’s army of an air operation on Chadian territory involving drones and aircraft.

Energy & Gas: Savannah Energy says it has completed drilling and tie-back of Nigeria’s Uquo 13 development well, reaching first gas in July and testing at about 50 million cubic feet a day, while Uquo South is being completed after spudding in early August; the company expects production to rise above 20 Kboepd in the remaining months and flags upside from the new well. Finance & Operations: In its unaudited 7-month update to 31 July 2026, Savannah reports Nigeria cash collections up 13% year-on-year to US$247.9m, alongside group revenue up 10% to US$160.6m, and notes expansion at Stubb Creek after the SIPEC acquisition. Regional Trade & Security Alignment: A new report argues Togo and Chad are drifting into the AES orbit without formal accession—Togo’s AES-linked “Sahel Strategy 2026–2028” and corridor/security cooperation are cited as the practical shift, even as ECOWAS membership remains. Air Connectivity for Business: Direct flights resumed between Tripoli and N’Djamena after a multi-year gap, with Afriqiyah Airways launching the route and the Chadian Embassy highlighting benefits for travel, trade links, and regional stability. Regional Risk Watch: Chad–Sudan tensions continue as N’Djamena accuses Sudan’s forces of an air operation on Chadian territory involving drones and aircraft.

Energy & Investment: Savannah Energy says it has completed drilling and tie-back of Nigeria’s Uquo 13 development well, reaching first gas in July and testing at about 50 million cubic feet a day, while the Uquo South exploration well is being completed; the update also points to stronger cash collections in Nigeria (+13% year-on-year to US$247.9m for seven months to 31 July 2026) and expects production to rise as Uquo 13 ramps up. Regional Trade & Connectivity: Direct flights resumed between Tripoli and N’Djamena after years, with Afriqiyah Airways launching the route and the Chadian Embassy in Libya citing the return of 44 detained citizens plus a new air “artery” for travel, trade, and diplomacy. Geopolitics & Security Alignment: A report on the AES shows claims that Togo and Chad have “joined” are premature, but it argues both are drifting toward the AES orbit through practical economic and military cooperation—relevant for Chad’s regional security posture. Humanitarian & Risk Watch: Chad’s tensions with Sudan remain in focus after N’Djamena accused Sudan’s army of an air operation on Chadian territory involving drones and aircraft.

Energy & Investment: Savannah Energy says it has completed drilling and tie-back of Nigeria’s Uquo 13 development well, reaching first gas in July and testing at about 50 mcf/d, while the Uquo South exploration well is being completed after spudding in early August; the company also reports cash collections in Nigeria rose 13% year-on-year to US$247.9m for the seven months to 31 July 2026, alongside group revenue up 10% to US$160.6m, with production expected to lift as Uquo 13 ramps up. Regional Trade & Connectivity: Direct flights resumed between Tripoli and N’Djamena after several years, with Afriqiyah Airways launching the route and Libya’s Chadian embassy citing the return of 44 Chadian citizens plus a new air “artery” for travel, trade, and diplomatic ties. Geopolitics & Security Alignment: A new read on the AES narrative says Togo and Chad have not formally joined the Alliance of Sahel States, but both are drifting into its orbit through practical economic and security cooperation—an angle that matters for cross-border logistics and risk planning.

Energy & Investment: Savannah Energy says it has completed drilling and tie-back of the Uquo 13 development well in Nigeria, reaching first gas in July and testing at about 50 million cubic feet a day, while the Uquo South exploration well is being completed; the company links the progress to stronger cash collections (up 13% year-on-year to US$247.9m for 7 months to 31 July 2026) and expects higher production as Uquo 13 ramps up. Regional Trade & Connectivity: Direct flights resumed between Tripoli and N’Djamena after a multi-year gap, with Afriqiyah Airways launching the route and the Chadian Embassy citing benefits for travel, trade, and diplomatic ties, plus a humanitarian return of 44 Chadian citizens. Geopolitics & Security Alignment: A new read on the AES narrative says Togo and Chad are not formal members yet, but they are increasingly aligned with the AES orbit through practical economic and security cooperation—an angle that matters for cross-border business planning in the Sahel. Diplomacy & Risk Watch: Chad-Sudan tensions are rising after N’Djamena accused Sudan’s army of an air operation on Chadian territory involving drones and aircraft.

Aviation & Trade Links: Direct flights resumed between Tripoli and N’Djamena, with Afriqiyah Airways restarting the route and the Chadian embassy citing benefits for travel, economic and trade exchanges, and regional stability. Cross-Border Business Facilitation: Libya’s Prime Minister met Chad’s foreign affairs delegation to discuss stronger air transport cooperation, including preparations for the Libyan-Chadian joint committee and plans for a Chadian office in the Misrata Free Zone. Energy Investment (Nigeria, with regional relevance): Savannah Energy says it has completed drilling and tie-back of the Uquo 13 well, reaching first gas in July and testing at about 50 mcf/d, while also advancing Uquo South; the firm reports higher Nigerian cash collections and expects production gains as the new well comes through. Regional Security & Policy Alignment: Claims that Togo and Chad have “joined” the Alliance of Sahel States (AES) are described as premature, but the coverage notes both countries are deepening practical alignment—especially via transport corridors, trade facilitation, and security cooperation. Humanitarian & Livelihoods (Lake Chad area): Nigeria’s Lake Chad Governors’ Forum chair visited Nigerian refugees in Chad’s Lac Province, urging law-abiding behavior while highlighting fishing and farming as steps toward self-reliance. Conflict Finance (Sahel–Chad–Sudan): A report spotlights how informal cross-border gold trading networks running through Chad help sustain armed conflict, because the trade is decentralized and can adapt as borders and security conditions change.

Energy & Investment: Savannah Energy says its Uquo 13 development well in Nigeria has reached first gas and is testing at about 50 mcf/d, while Uquo South is being completed—part of a wider push that includes higher expected production and improved cash collections. Oil & Gas Finance: In its unaudited 7-month operational and financial update, Savannah reports Nigeria cash collections up 13% year-on-year to US$247.9m and expects average gross daily output to rise above 20 Kboepd after Uquo 13 comes fully on stream. Regional Trade & Connectivity: Direct flights between Tripoli and N’Djamena have resumed, with Libya’s side highlighting the route as a new artery for travel, trade, and stability. Diplomacy & Transport Links: Libya and Chad also discussed strengthening cooperation on air transport, including plans for a Chadian office in the Misrata Free Zone and preparations for joint committee meetings. Refugees & Livelihoods: Lake Chad Governors’ Forum chair Mai Mala Buni visited Nigerian refugees in Chad, urging law-abiding behavior while pointing to farming and fishing as paths to self-reliance and outlining return registration steps. Security & Cross-Border Economy: A new look at Sahel gold trading shows how informal artisanal networks running through Chad and Sudan can help sustain armed conflict by keeping money moving across porous borders. Geopolitics: Coverage notes rising tensions between Chad and Sudan, with Chad alleging cross-border drone and aircraft attacks tied to a convoy arriving from Libya.

Oil & Gas: Savannah Energy says its Uquo 13 development well in Nigeria has reached first gas (July) and is testing at about 50 million cubic feet a day, while the Uquo South exploration well is being completed; the company also reported stronger cash collections in Nigeria, up 13% year-on-year to US$247.9m for the seven months to 31 July 2026, alongside production ramp-up expectations. Aviation & Trade Links: Direct flights between Tripoli and N’Djamena have resumed after a multi-year pause, with Afriqiyah Airways launching the route and Libya’s side highlighting the return of detained Chadians and a new “artery” for travel, trade, and diplomacy. Regional Mobility & Logistics: Libya and Chad also discussed practical cooperation on air transport, including plans for a Chadian office in the Misrata Free Zone and preparations for joint committee talks, plus follow-ups on Libyan loans to Chad. Refugees & Livelihoods: Mai Mala Buni visited Nigerian refugees in Chad’s Lac Province, urging law-abiding behavior and reporting of suspicious activity, while pointing to farming and fishing as paths to self-reliance and offering a route for those willing to repatriate. Geopolitics & Security Alignment: Commentary warns that claims of Chad and Togo “joining” the AES are premature, but both are increasingly aligned in practice through security and economic cooperation—raising questions for Chad’s sovereignty and regional stability as France ties appear to be reviving.

Oil & Gas: Savannah Energy says its Nigerian cash collections rose 13% year-on-year to US$247.9m for the seven months to 31 July 2026, alongside revenue up 10% to US$160.6m, as production trends improve with Uquo 13 now on stream and Stubb Creek expansion lifting output. Aviation & Trade Links: Direct flights between Tripoli and N’Djamena have resumed, with the first route framed as a new “artery” for travel, trade and diplomacy, and Libya also discussed opening a Chadian office in the Misrata Free Zone. Regional Mobility & Returns: The Tripoli–N’Djamena restart included a humanitarian initiative bringing back 44 Chadian citizens detained in prisons, reinforcing the route’s role in stability and reintegration. Refugees & Livelihoods: Lake Chad Basin Governors’ Forum chair Mai Mala Buni visited Nigerian refugees in Lac Province, urging law-abiding behavior, reporting of suspicious activity, and highlighting fishing and farming as paths to self-reliance, with options for registration and repatriation. Sahel Security Alignment: Claims that Chad and Togo have “joined” the AES are premature, but both are described as drifting into the AES orbit through practical economic and security cooperation. Cross-Border Conflict Finance: A report highlights how informal gold trading networks running through Chad and Sudan can help conflicts keep funding themselves, because the trade is decentralized and hard to shut down. Chad–Sudan Tensions: Chad accuses Sudan’s forces of bombing inside Chadian territory with drones and aircraft, escalating a tense security backdrop. France Re-engagement: Analysis says Chad’s renewed military rapprochement with France since March 2026 could revive old partnership dynamics, but it also raises risks around sovereignty claims and regional trust.

Regional Security & Alignment: Claims that Togo and Chad have “joined” the AES are premature, but both are clearly drifting into the AES orbit through practical military and economic cooperation, including security coordination and transport/trade links that matter for landlocked Sahel states. Aviation & Trade Connectivity: Direct flights between Tripoli and N’Djamena have resumed after a multi-year pause, with Libya’s embassy framing the route as a new artery for travel, trade, and stability—plus plans for a Chadian office in Libya’s Misrata Free Zone. Refugees & Livelihoods: Lake Chad Basin Governors’ Forum chair Mai Mala Buni visited Nigerian refugees in Chad’s Lac Province, urging law-abiding behavior and reporting of suspicious activity, while highlighting farming and fishing as paths to self-reliance and discussing return arrangements. Sahel Conflict Finance: A look at how informal gold trading networks—running through Chad and onward toward the Red Sea—help conflicts keep funding themselves, because the metal moves through decentralized artisanal and cross-border traders. Diplomacy & Defense Posture: Chad’s renewed French military support is framed as a delicate balancing act between sovereignty messaging and the risk of renewed insecurity or regional disillusionment. Cross-Border Tensions: Chad accuses Sudan’s forces of drone/air attacks on its territory tied to a convoy arriving from Libya, raising the temperature along the border.

AES Alignment Watch: Claims that Togo and Chad have “joined” the Alliance of Sahel States (AES) are premature, but both are clearly drifting into the AES orbit through deeper military and economic cooperation, including security coordination and trade corridor shifts that favor the Port of Lomé. Air Connectivity & Trade: Direct flights between Tripoli and N’Djamena have resumed after a multi-year pause, with Afriqiyah Airways launching the route and Libya’s embassy framing it as a new artery for travel, trade, and regional stability. Cross-Border Logistics: Libya’s PM met Chad’s foreign minister to discuss the Tripoli–N’Djamena flights and the opening of a Chadian office in the Misrata Free Zone, alongside preparations for joint committee talks and loan-related agreements. Refugee & Livelihood Support: Nigeria’s Lake Chad Basin forum chair, Mai Mala Buni, visited Nigerian refugees in Chad’s Lac Province, urging law-abiding behavior while highlighting farming and fishing as paths to self-reliance and outlining options for repatriation. Security Finance in the Sahel: A new look at Sahel conflict financing shows how informal artisanal gold trading networks—running through Chad and toward the Red Sea—can keep wars funded by moving metal across porous borders. Regional Security Tensions: Chad accused Sudan’s forces of drone and aircraft attacks on Chadian territory, escalating cross-border friction. French Military Return: Analysis says Chad’s renewed rapprochement with France could revive old security ties, but the challenge is balancing sovereignty claims with Sahel neighbor relations.

Aviation & Trade Links: Afriqiyah Airways has restarted direct flights between Tripoli and N’Djamena after several years, with the first service bringing back 44 Chadian citizens detained in Libyan prisons and opening a new route for travel, trade, and diplomacy. Regional Connectivity: Libya’s Prime Minister Abdel Hamid Aldabaiba met Chadian officials to discuss the flight resumption and the opening of a Chadian office in the Misrata Free Zone, alongside plans for joint committee talks and follow-ups on Libyan loans to Chad. Refugee & Livelihood Support: Lake Chad Governors’ Forum chair Mai Mala Buni visited Nigerian refugees at the Kaya site in Lac Province, urging law-abiding behavior and reporting of suspicious activity, while highlighting fishing and farming as paths to self-reliance and offering a route for those willing to return home. Security & Economic Pressure: A new look at Sahel gold shows how informal cross-border artisanal trading networks—running through Chad toward the Red Sea—can keep conflict financed through taxes and extortion tied to the metal’s movement. Defense Partnerships: Commentary warns Chad’s renewed French military support could clash with its sovereignty messaging and affect regional stability and public trust at home.