Edison Investment Research – Outlook

By editor | 14/07/2011 | Comments Off on Edison Investment Research – Outlook

Investment summary: Well-timed Africa play SacOil is an exploration, appraisal and development company with a portfolio of near production assets in Nigeria and an exploration asset in the Democratic Republic of Congo (DRC). In building a Pan-African portfolio the company utilises local expertise and oil majors’ know-how and financial muscle. It is backed by Production…

Read More

Dealings in Securities

By editor | 04/07/2011 | Comments Off on 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 rule 3.63 of the JSE Limited (“JSE”) Listings Requirements, the following information relating to dealing in Ordinary Shares by directors and…

Read More

Media Briefing

By editor | 01/07/2011 | Comments Off on Media Briefing

SacOil Holdings is a dual listed (JSE & AIM) company whose remit is to build a African upstream oil and gas business with a portfolio of assets in Africa.
SacOil has a highly experienced board with significant experience in oil & gas exploration and development as well as in project management and finance.
SacOil focuses and invests in oil and gas opportunities with primary focus on building a balanced portfolio of assets.

Read More

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

By editor | 30/06/2011 | Comments Off on 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

By editor | 30/06/2011 | Comments Off on 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

By editor | 27/06/2011 | Comments Off on 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

By editor | 08/06/2011 | 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 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

By editor | 25/05/2011 | Comments Off on 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