Issue of shares for cash to YA Global Masters SPV Ltd

By editor | 30/04/2012 | Comments Off on Issue of shares for cash to YA Global Masters SPV Ltd

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”) Issue of shares for cash to YA Global Masters SPV Ltd SacOil shareholders (“Shareholders”) are advised that 32 135 560 new SacOil ordinary shares (“SEDA Shares”) will be…

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Well-oiled plans for cash – Looking for acquisitions

By editor | 26/04/2012 | Comments Off on Well-oiled plans for cash – Looking for acquisitions

SacOil, the oil exploration company listed on the JSE and on London’s AIM market, has taken a step forward with its funding arrangements by posting a US$25m performance bond in Nigeria. This is the latest in a series of financial initiatives the company has announced since last August, and helps secure its exposure to an oil concession in Nigeria’s Niger River delta.

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Performance Bond and Appointment of Joint Broker

By editor | 17/04/2012 | Comments Off on Performance Bond and Appointment of 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”) Performance Bond and Appointment of Joint Broker USD$25 million Performance Bond approved to secure oil concession block OPL 233 in Nigeria USD$10 million cash collateral to be put…

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Further Cautionary Announcement

By editor | 04/04/2012 | Comments Off on Further Cautionary Announcement

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE share code: SCL AIM share code: SAC ISIN: ZAE0000127460 (“SacOil” or “the Company”) FURTHER CAUTIONARY ANNOUNCEMENT (JSE) In compliance with JSE Limited (“JSE”) Listings Requirement 3.9 and with reference to the cautionary announcement published on 2 September 2011 and the further…

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Corporate Update

By editor | 29/03/2012 | Comments Off on 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 Block III asset update Issue of shares for cash to YA Global Masters SPV Ltd Appointment of auditors and joint broker 1. Block III asset update…

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Integrated Annual Report 2012

By editor | 28/02/2012 | Comments Off on Integrated Annual Report 2012

SacOil Holdings Limited is a company incorporated in South Africa in accordance with the provisions of the Companies Act and complies with the principles of King III, unless otherwise stated, the Companies Act and the JSE Limited Listings Requirements and other legislative requirements. The Company subscribes to high ethical standards and principles of corporate governance. In addition, the Company also adheres to International Financial Reporting Standards (IFRS) in compiling its annual financial statements. Accordingly, we will report not only on our financial performance for the year under review but also on all other non-financial indicators, including sustainability by disclosing information on safety, social, environmental and economic impacts and influences, both positive and negative, internal and external on all our stakeholders.

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Further Cautionary Announcement

By editor | 21/02/2012 | Comments Off on Further Cautionary Announcement

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”) Further Cautionary Announcement In compliance with JSE Limited (“JSE”) Listings Requirement 3.9 and with reference to the further cautionary announcement published on Tuesday, 10 January 2012, on the…

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Revised terms for Entry into OPL 281 Licence Nigeria

By editor | 08/02/2012 | Comments Off on Revised terms for Entry into OPL 281 Licence Nigeria

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”) Revised terms for Entry into OPL 281 Licence Nigeria and Issue of shares for cash to YA Global Masters SPV Ltd SacOil, the independent African upstream oil &…

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Issue of Equity

By editor | 31/01/2012 | Comments Off on Issue of Equity

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) AIM share code: SAC JSE share code: SCL ISIN: ZAE0000127460 SacOil Holdings Limited (“SacOil” or the “Company”) Issue of Equity (‘AIM’) SacOil, the independent Pan-African upstream oil and Gas Company, announces that it has raised ZAR5, 000,000 by the issue of 11,111,112…

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