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Archive for December 2010

SacOil Buys Into Nigeria Oil Field

Pan African oil and gas company SacOil and its joint venture (JV) partner Equity Energy Resources have each acquired a 20% interest in an oil licence off the coast of Nigeria. Project owner Nigdel United Oil Company would retain the remaining 60% shareholding in the licence area.

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SacOil agrees first Nigerian short term Oil and Gas production deal and Cautionary Announcement

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”) SacOil agrees first Nigerian short term Oil and Gas production deal and Cautionary Announcement The board of SacOil is pleased to announce that the joint venture between SacOil and…

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