Corporate Presentation: Capital Raising

By editor | 31/08/2010 | Comments Off on Corporate Presentation: Capital Raising

SacOil Holdings Limited (“SacOil”) is a Pan African BEE oil and gas focused independent company with world class exploration assets across Africa. Access to significant African assets:

  • African continent – geopolitical reasons/DOE energy security drive/ indigenization drives
  • PetroSA relationship – deficiencies of their structure enable a mutually beneficial relationship
  • Majors exiting downstream market.

Objective:

  • African assets, African controlled, African managed Oil and Gas independent integrated entity.
  • Upholding of the highest standards of corporate integrity and ethics.
  • Seasoned entrepreneurial Oil & Gas management team/ Global search for CEO ongoing.
  • Replication of Tullow Oil plc which began as Energy Africa on the JSE (now a FTSE 100 company with a market capitalisation in excess of £11bn with 85 licences in 22 countries).
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SacOil Interim Report for the six months ended 31 August 2010

By editor | 31/08/2010 | Comments Off on SacOil Interim Report for the six months ended 31 August 2010

The interim financial statements of the Group for the six months ended 31 August 2010 have been prepared in accordance with the Group’s accounting policies, which comply with International Financial Reporting Standards as well as the AC 500 standards as issued by the Accounting Practices Board or its successor and are consistent with those of the previous year. This interim report has been prepared in accordance with and containing the information required by International Accounting Standard 34 – Interim Financial Reporting. The interim report has been prepared on a going concern basis.

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No change statement, Notice of Annual General Meeting to Board of Directors

By editor | 30/08/2010 | Comments Off on No change statement, Notice of Annual General Meeting to Board of 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”) No change statement, Notice of Annual General Meeting to Board of Directors No change statement SacOil shareholders (“Shareholders”) are advised that the annual financial statements will be distributed to…

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Change to the Board of Directors and Dealing in Securities by Directors – acceptance of share options

By editor | 10/08/2010 | Comments Off on Change to the Board of Directors and Dealing in Securities by Directors – acceptance of share options

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”) Change to the Board of Directors and Dealing in Securities by Directors – acceptance of share options Change to the board of directors In compliance with Section 3.59 of…

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Trading Statement

By editor | 19/05/2010 | Comments Off on Trading Statement

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”) Trading Statement In terms of the Listing Requirements of the JSE Limited, companies are required to publish a Trading Statement as soon as they become reasonably certain that the…

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Extension of Agreements – Acquisition of DRC Oil Concessions

By editor | 11/05/2010 | Comments Off on Extension of Agreements – Acquisition of DRC Oil Concessions

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”) Extension of Agreements – Acquisition of DRC Oil Concessions Further to the circular dated 24 October 2008, shareholders are advised that the agreements in relation to the acquisition of…

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Acquisition of a 55% Participating Interest, Tunisia and Cautionary Announcement

By editor | 11/05/2010 | Comments Off on Acquisition of a 55% Participating Interest, Tunisia and Cautionary Announcement

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”) Acquisition of a 55% Participating Interest, Tunisia and Cautionary Announcement SacOil shareholders are advised that a farm-out agreement was reached on 10 May 2010 (“the Agreement”) in terms of…

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Sacoil Annual Report 2010

By editor | 28/02/2010 | Comments Off on Sacoil Annual Report 2010

SacOil is listed in the “Oil & Gas” sector of the Main Board of the JSE. Encha Capital (Proprietary) Limited, a special purpose vehicle formed between Investec Bank through its private banking division and Encha Group Limited (“Encha”), remains the controlling shareholder of the company currently holding 55,24% of the total issued capital of SacOil.

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Extension of Agreements – Acquisition of DRC Oil Concessions

By editor | 08/02/2010 | Comments Off on Extension of Agreements – Acquisition of DRC Oil Concessions

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”) Extension of Agreements – Acquisition of DRC Oil Concessions Further to the circular dated 24 October 2008, shareholders are advised that the agreements in relation to the acquisition of…

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