SacOil is an African independent upstream oil and gas company based in South Africa. SacOil is dual listed on the JSE (Share code: SCL) and AIM (Share code: SAC). SacOil’s vision is to build a balanced upstream oil and gas business portfolio with interests in all phases of the cycle (high impact exploration, appraisal and production) coupled with a uniquely African footprint.
SacOil has an ambitious acquisition-led growth strategy and is well positioned to exploit its foothold in Africa.
MARKET DATA
AIM: SAC 
-3.57% 3.38GBp*
JSE: SCL 
4.26% 49c*
BRENT CRUDE -1.27%$107.85
US$/ZAR -0.32%R8.32
GB£/ZAR 0.15%R13.16
* As at 18:59 18 May 2012
SACOIL’S INVESTMENT CASE
- a well-structured independent emerging upstream oil and gas company;
- South African-based with a strong entrepreneurial management team;
- assets with significant upside potential;
- in possession of aggressive growth plans; and
- access European Capital Markets through April 2011 AIM listing.
RECENT NEWS AND EVENTS
- 30 April 2012
- COMPANY ANNOUNCEMENT
Issue of shares for cash to YA Global Masters SPV Ltd
- 17 April 2012
- COMPANY ANNOUNCEMENT
Performance Bond
- 4 April 2012
- COMPANY ANNOUNCEMENT
Further cautionary announcement
- 29 March 2012
- COMPANY ANNOUNCEMENT
Corporate update
- 21 February 2012
- COMPANY ANNOUNCEMENT
Further cautionary announcement
- 8 February 2012
- COMPANY ANNOUNCEMENT
Revised terms for Entry into OPL 281 Licence Nigeria and Issue of shares for cash to YA Global Masters SPV Ltd
- 31 January 2012
- COMPANY ANNOUNCEMENT