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Last 28.00
Change Today 0.00 / 0.00%
Volume 715.0K
SCL On Other Exchanges
As of 11:00 AM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

sacoil holding ltd (SCL) Snapshot

Previous Close
Day High
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52 Week High
09/9/14 - $68.00
52 Week Low
03/16/15 - $21.00
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Current Stock Chart for SACOIL HOLDING LTD (SCL)

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sacoil holding ltd (SCL) Details

SacOil Holdings Limited operates as an independent oil and gas exploration and development company. It holds a portfolio of assets in the oil and gas industry, which includes interests in Malawi, the Democratic Republic of Congo, Nigeria, and Botswana. The company was formerly known as SA Mineral Resources Corporation Limited and changed its name to SacOil Holdings Limited in December 2008. SacOil Holdings Limited was incorporated in 1993 and is based in Bryanston, South Africa.

Founded in 1993

sacoil holding ltd (SCL) Top Compensated Officers

Executive Director
Total Annual Compensation: R2.7M
Vice President of Technical & New Business
Total Annual Compensation: R1.3M
Vice President of Commercial
Total Annual Compensation: R1.9M
Compensation as of Fiscal Year 2014.

sacoil holding ltd (SCL) Key Developments

SacOil Holdings Limited Provides Earnings Guidance for the Year Ended February 28, 2015

SacOil Holdings Limited provided earnings guidance for the year ended February 28, 2015. The company reported that it expects earnings per share and headline earnings per share for the year ending February 28, 2015 to be at least 20% lower than that of the prior comparative period.

SacOil Holdings Limited Announces Change of Address, effective from February 18, 2015

SacOil announced that its registered office address has changed from 2nd Floor, The Gabba Dimension Data Campus, 57 Sloane Street, Bryanston, 2021, Gauteng to No.12, Culross Road, Bryanston, 2021, Gauteng with effect from 18 February 2015.

SacOil Holdings Limited Announces the Completion of Phase 1 of the Field Development Operations At the Lagia Oil Field in Sinai, Onshore Egypt

SacOil Holdings Limited through its subsidiary Mena International Petroleum Company Limited announced the successful on-time completion of phase 1 of the field development operations at the Lagia oil field in Sinai, onshore Egypt. Highlights: Successful completion of hydraulic stimulation on all five existing wells; Phase 2 operations to commence by June 2015, installation of steam facilities and the drilling of up to 5 additional wells. As previously reported, the aim of phase 1 was to stimulate and re-complete the five existing production wells at the Lagia oil field in order to increase production. Following the successful completion of phase 1 the wells remain on production and SacOil is preparing and planning a second phase of field development and production optimisation to start by June 2015. This second phase includes the installation of steam facilities for a thermal recovery process on the existing production wells and the drilling of up to five additional thermal wells at the Lagia oil field, with the intent of further enhancing production and the recovery of oil at the oil field.


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