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Oil company Savannah Energy said it had beaten its annual revenue guidance following a reliable performance from its assets in Nigeria.
Revenue for the year through December had amounted to $230.5 million, which the company said represented 7% year-on-year growth on a like-for-like basis.
That was calculated after adjusting 2020 revenue $235.9m for an advance payment of $20 million from Lafarge Africa.
'This is ahead of the company's previously issued 2021 guidance of total revenues of greater than $205.0 million,' the company said.