LONDON (Alliance News) - Sacoil Holdings Ltd Wednesday said its swung to a pretax profit in its last financial year due to higher investment income and lower operating costs. The African oil and gas company, which is yet to produce any revenues, posted a pretax profit of ZAR64.7 million for Read More

SacOil Holdings Expects To Return To Earnings Per Share In Full-Year

27th May 2014 12:12

LONDON (Alliance News) - SacOil Holdings Ltd Tuesday said it expects to report basic earnings per share between 1.25 cents and 1.49 cents for the year ended February 28 compared with a basic loss per share of 6.10 cents a year earlier. In a trading statement, the company said it expects to Read More

SacOil Holdings To Seek Approval For Nigeria License Farm-In

9th May 2014 09:45

LONDON (Alliance News) - Sacoil Holdings Ltd Friday said it would now push ahead with seeking approval for taking a 20% stake in an oil prospecting license in Nigeria, after a key hurdle delaying the deal that was signed in 2010 fell. Under the farm-in deal signed in October 2010, SacOil wa Read More

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