About Us  

Sacoil is an African independent upstream 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 bulld 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.

Strategy

• Build an African footprint with a balanced portfolio of assets

  The opportunity to monetize assets

• Explore early stage opportunities in Africa with low entry costs

  Established credibility and support to advance projects

• Seek partnerships with major oil and gas companies with extensive experience in Africa

  Low/ manageable funding requirements

• Target discovered, but undeveloped, or near-term producing assets

  Leverage the value curve by bringing assets in to account

Why Invest in Africa

• Under explored:

  By 2020 Africa is envisaged to account for 20 per cent of the world Oil & Gas production

• Significant potential for Hydrocarbons:

  Recent frontier discoveries (Sierra Leone, Ghana, Uganda, Mozambique)

• Energy Security:

  The need is great amongst African Nations – and growing

• African ownership of Sovereign Assets:

  Through primarily indigenous companies.