Dealing in securities by a director

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) Dealing in securities by a director In terms of paragraph 3.63 – 3.65 of the JSE Limited Listings Requirements, the following information, relating to the dealings in the…

Read More

Oil Gas Africa: SacOil remains focused and positive on Nigeria

SacOil remains focused and positive on Nigeria SacOil Holdings Limited, the African independent upstream oil and gas company, announced the termination of its joint venture with Nigdel United Oil Company (Nigdel) of Nigeria, and consequently its participation in Oil Prospecting Licence (OPL) 233 on Thursday, 20 May. The 126 square kilometre, offshore oil block is…

Read More

WATCH: SacOil Rationalises its Portfolio of Assets

SACOIL RATIONALISES ITS PORTFOLIO OF ASSETS

Fri, 22 May 2015 09:33:49 GMT

SacOil released their annual results today. The company has embarked on a process of balancing and rationalising its portfolio of assets during the year. CNBC Africa is joined by Dr Thabo Kgogo, CEO of SacOil for a look at their numbers.

Read More

WATCH: CEO Thabo Kgogo on SacOil’s results

WATCH: CEO Thabo Kgogo on SacOil’s results

BY MICHEL PIREU, MAY 22 2015, 09:30
http://www.bdlive.co.za/business/energy/2015/05/22/watch-ceo-thabo-kgogo-on-sacoil-s-results
SacOil CEO Thabo Kgogo talks about the highlights of the company’s 2015 results and prospects going forward.
Read More

Business Day: SacOil in red after portfolio rationalisation

Business Day has a positive piece highlighting the loss was mainly attributable to actions taken on the portfolio rationalisation. It also mentions the company is addressing legacy issues as per note 13 in the financial statements.
Link: http://www.bdlive.co.za/business/energy/2015/05/22/sacoil-in-red-after-portfolio-rationalisation

Read More

Preliminary Audited Results For The Year Ended 28 February 2015

SACOIL HOLDINGS LIMITED(Incorporated in the Republic of South Africa)(Registration number: 1993/000460/06)JSE share code: SCL AIM share code: SAC ISIN: ZAE000127460(“SacOil” or “the Company” or “the Group”) Preliminary Audited Results For The Year Ended 28 February 2015 Highlights Implementation of revised business strategy Acquisition of an oil-producing asset in Egypt Portfolio rationalisation – exit from OPL…

Read More

Preliminary Audited Results For The Year Ended 28 February 2015

SACOIL HOLDINGS LIMITED(Incorporated in the Republic of South Africa)(Registration number: 1993/000460/06)JSE share code: SCL AIM share code: SAC ISIN: ZAE000127460(“SacOil” or “the Company” or “the Group”) Preliminary Audited Results For The Year Ended 28 February 2015 Highlights Implementation of revised business strategy Acquisition of an oil-producing asset in Egypt Portfolio rationalisation – exit from OPL…

Read More