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Alliance News: SacOil Enters Egypt With Acquisition Of Lagia Oil Field
Africa-based oil company SacOil Holdings Ltd Wednesday said it will acquire a 100% working interest in the Lagia oil field in the Sinai Peninsula in Egypt in a deal worth USD14.1 million in cash and shares, representing its first investment in the north African country.
Read MoreAcquisition of 100% Interest in the Lagia Oil Field, Onshore Sinai Peninsula, Egypt and Further Cautionary Announcement
SacOil, the African independent upstream oil and gas company, is pleased to announce that it has entered into a sale and purchase agreement dated 9 September 2014 (the “Agreement”) to acquire a Cyprus-registered exploration and production company, Mena International Petroleum Company Ltd (“MIP”), from Mena International Petroleum Holdings Company Ltd (the “Seller”), a wholly-owned subsidiary of TSX Venture listed Mena Hydrocarbons Inc. (TSXV:MNH) (“Mena Hydrocarbons”) (the “Acquisition”).
Read MoreAssignment of 20% Participating Interest in Oil Prospecting Licence (OPL) 233
SacOil, the African independent upstream oil and gas company, is pleased to announce the assignment of 20% equity in Oil Prospecting Licence (“OPL”) 233 offshore Nigeria (“the participating interest”).
Read MoreCautionary Announcement
JSE cautionary announcement and clarification of recent media coverage.
Read MoreAppointment of Executive Director
SacOil is pleased to announce the formal appointment of Mr Bradley Robert Cerff as an Executive Director of the Company with immediate effect.
Read MoreNew CEO confident about SacOil’s ‘bright future’
New CEO confident about SacOil’s “bright future”
Dr Thabo Kgogo, newly appointed CEO at SacOil Holdings says that the company is now in a stronger position to create attractive shareholder value.
Read MoreDealing in Securities by a Director
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 securities by a director, is disclosed:
Read MoreNo Change Statement and Notice of Annual General Meeting
Further to SacOil’s audited results for the year ended 28 February 2014, released on the Stock Exchange News Service of the JSE Limited and on the Regulatory News Service of the London Stock Exchange on Wednesday, 28 May 2014, shareholders are advised that the Integrated Annual Report together with the notice of Annual General Meeting (“AGM”) has been posted to shareholders today.
Read MoreIntegrated Annual Report 2014
SacOil Holdings Limited releases its 2014 Integrated Annual Report.
Read MoreSummarised Audited Results for the year ended 28 February 2014
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 together with its subsidiaries “the Group”) SUMMARISED AUDITED RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2014 Highlights: Board and subcommittees reconstituted Lifting of JSE and AIM suspension…
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