SacOil’s Vela keen to emulate the success of Africa’s top explorers

The almost unseemly scramble by wildcatters and majors alike suggests Africa is the go-to area for oil and gas.

Tullow Oil (LON:TLW), Anadarko (NYSE:APC) and Heritage Oil (LON:HOIL) are just three former minnows who can map their success back to being among the first movers on the continent.

Hoping to emulate the trio’s accomplishments is AIM newcomer SacOil (LON:SAC, JSE:SAC), although chief executive Robin Vela describes the company as “Energy Africa Mark II’.

Read More

Management demonstrates confidence by increasing their interest in SacOil

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”) Management demonstrates confidence by increasing their interest in SacOil Members of SacOil`s executive management team; Chief Executive Officer: Robin Vela, Vice President Commercial: Bradley Cerff and Executive…

Read More

SacOil continues the process of expanding and strengthening its core Management Team

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”) SacOil continues the process of expanding and strengthening its core Management Team Appointment of Jan Maier as Chief Operating Officer Appointment of Bradley Cerff as Vice President…

Read More

Corporate Update

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”) Corporate Update Confirmation of total number of shares in issue – 684 million in total as of today Competent Person`s Report (“CPR”) valuations of SacOil`s oil and…

Read More

Appointment of UK Joint Broker

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”) Appointment of UK Joint Broker SacOil is pleased to announce the appointment of Shore Capital Stockbrokers Limited (“Shore Capital”) as the Company`s joint broker in the UK…

Read More

Corporate Update

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”) Corporate Update SacOil Holdings Limited, the independent Pan-African upstream oil and gas company, listed on both the JSE Limited (“JSE”) and the AIM market of the London…

Read More

Dealings in 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”) Dealings in Securities In compliance with paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE Limited (“JSE”), and pursuant to the admission of SacOil to…

Read More

Appointment of new 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”) Appointment of new Directors The board of directors of SacOil Holdings Limited (“the Board”) is pleased to announce the appointment of, Mr John William Sharp Bentley and Mr James…

Read More