Archive for October 2016

Disclosure of the Acquisition and Disposal of Securities

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”) DISCLOSURE OF THE ACQUISITION AND DISPOSAL OF SECURITIES In accordance with section 122(3)(b) of the Companies Act No. 71 of 2008, as amended, and section 3.83(b) of the…

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Settlement Agreement Relating to OPL 233 Legal Disputes

SETTLEMENT AGREEMENT RELATING TO OPL 233 LEGAL DISPUTES

SacOil, a South African based independent African oil and gas company, announces the following update with regards to the legal dispute with Nigdel United Oil Company Ltd (“Nigdel”) relating to the Company’s legacy involvement in Oil Prospecting Licence (“OPL”) 233 in Nigeria.

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