Archive for October 2010

Corporate Presentation: Capital Raising

By 2011 Africa will produce more oil than North America, and by 2020 it will be the world’s third biggest oil region Africa has about 10% of the world’s untapped oil reserves Hence Mission region. world s reserves. the recent scramble for Africa’s oil and gas real estate. South Africa is well positioned to develop African opportunities because of its geopolitical considerations and established financial markets.

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Trading Statement for six months ended 31 August 2010

SACOIL HOLDINGS LIMITED (Formerly SA Mineral Resources Corporation Limited) (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) Share code: SCL and ISIN: ZAE000127460 (“SacOil”) Trading Statement for six months ended 31 August 2010 In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as…

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Change to the Board of Directors

SACOIL HOLDINGS LIMITED (Formerly SA Mineral Resources Corporation Limited) (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) Share code: SCL and ISIN: ZAE000127460 (“SacOil”) Change to the Board of Directors In compliance with section 3.59 of the Listing Requirements of the JSE Limited, the Board of Directors of SacOil (“Board”) are pleased to…

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SacOil Plans Secondary Listing on AIM Next Year

JSE-listed SacOil on Tuesday announced that it would pursue a secondary listing on Aim in the first quarter of 2011, to attract additional foreign investment.

SacOil CEO Robin Vela told Engineering News Online that the upstream oil and gas company has embarked on an “aggressive” acquisition drive and that listing on Aim would provide it with further financial capacity to realise its growth ambitions.

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SacOil Unveils Plans to Become an Oil Producer

SacOil Unveils Plans to Become an Oil Producer South African oil and gas company Sacoil has taken the first step in transforming from an exploration entity to an oilproducer by inking in a joint-venture (JV) agreement with Nigerian oil firm Energy Equity Resources. Sacoil CEO Robin Vela made it clear at a media briefing in…

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Entry into unincorporated JV with EER and update in Farmout agreement in respect of the Chaal Gas Permit

SACOIL HOLDINGS LIMITED (Formerly SA Mineral Resources Corporation Limited) (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) Share code: SCL and ISIN: ZAE000127460 (“SacOil”) Entry into unincorporated JV with EER and update in Farmout agreement in respect of the Chaal Gas Permit Highlights Strategic focus on production and near production oil and gas…

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