Investor Centre
Update on Block III, Albertine Graben, DRC
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”) Update on Block III, Albertine Graben, DRC Successful completion of airborne gravity and magnetic survey SacOil announces that Total E&P RDC (“Total”), the Operator of Block III, Albertine…
Read MoreSacOil Reviewed Provisional Results as at 31 August 2012
SacOil, the African independent upstream oil and gas company, is pleased to announce its reviewed financial results for the six months ended 31 August 2012
Read MoreNo Change Statement and Notice of Annual General Meeting
SACOIL HOLDINGS LIMITED(Incorporated in the Republic of South Africa)(Registration number 1993/000460/06)JSE share code: SCL / AIM share code: SACISIN: ZAE000127460(“SacOil” or “the Company”) No Change Statement and Notice of Annual General Meeting 1. No Change StatementSacOil shareholders (“Shareholders”) are advised that the SacOil audited Group and Company annual financial statements, contain no modifications to the…
Read MoreWithdrawal of Cautionary Announcement
SACOIL HOLDINGS LIMITED(Incorporated in the Republic of South Africa)(Registration number 1993/000460/06)JSE share code: SCL AIM share code: SACISIN: ZAE000127460(“SacOil” or “the Company”) Withdrawal of cautionary announcement – JSE regulatory requirement In compliance with the JSE Limited (“JSE”) Listings Requirement 3.9 and with reference to various cautionary announcements, with the most recent thereof dated 9 July…
Read MoreSacOil to Explore Congo 2013
DRILLING in the oil block known as Block III in the Democratic Republic of Congo could start in the first quarter of next year, Robin Vela, the CEO of the upstream oil and gas company SacOil, said yesterday.
Read MoreSacOil shares jump as it moves to profit from loss
SHARES in SacOil Holdings jumped 6,8% to 63c yesterday after the African gas and oil explorer reported a profit for the first half, from a loss previously.
SacOil, which is also listed on the Alternative Investment Market in London, reported profit of R19,1m for the six months to end- August, from a R6,9m loss in the previous corresponding period, it said in a statement
Read MoreAppointment of Vice President Finance and Change to the Board
SACOIL HOLDINGS LIMITED(Incorporated in the Republic of South Africa)(Registration number 1993/000460/06)JSE share code: SCL AIM share code: SACISIN: ZAE000127460(“SacOil” or the “Company”) Appointment of Vice President Finance and Change to the Board of Directors SacOil, the independent African upstream oil & Gas Company, is pleased to announce the appointment of Mr Craig Campbell as Vice…
Read MoreUpdate on OPL 233, Issue of Shares for Cash and 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: SACISIN: ZAE000127460(“SacOil” or the “Company”) Update on Oil Concession OPL 233; Issue of Shares for Cash and Further Cautionary Announcement 1. Update on oil concession OPL 233 Further to SacOil successfully posting a US$25 million Performance Bond (the…
Read MoreSacOil Raises Eight Million Rand in Share Issue
Sacoil 24,579 million new ordinary shares, raises R8,3m to fund costs for potential transactions.
Sacoil is to issue 24,579 million new ordinary shares to YA Global Masters SPV Limited (YA) at a price of 34c per share, raising R8,3m, or approximately one million dollars.
Read MoreSacOil ready and funded for a transformational year
This year is shaping up to be a significant one forSacOil (LON:SAC). In Nigeria, in particular, the news flow should ramp up now that the finances are in place that will allow the exploration and appraisal of one of two highly prospective oil licences there.
In April the group announced it had posted a US$25 million performance
bond, which allows it to start preliminary work on the OPL233 concession in the Niger Delta.