SACOIL HOLDINGS LIMITED BUILDING A LEADING PAN-AFRICAN INDEPENDENT UPSTREAM OIL & GAS COMPANY 15 September 2014
OUR OFFERING TO SHAREHOLDERS We offer the market a long term exploration and production investment with the potential to yield substantial shareholder value through asset monetization, portfolio expansion, cash flow growth and…
SHARE OVERVIEW DUAL LISTED SCL: Primary listing on the Johannesburg Stock Exchange (JSE) SAC: Secondary listing on the LSEs Alternative Investment Market (AIM) 12 MONTH SHARE PRICE PERFORMANCE SCL SAC SacOil Holdings Ltd - as…
OUR CURRENT POSITION Re-invented SacOil by changing the Board and appointing a new CEO Wealth of experience in the oil and gas sector and Africa with the right skills set and network to drive the company forward. New Strategy…
STRATEGIC INTENT Create Shareholder Balancing Portfolio Value Maintaining a Sustainable Business Profitability Growing Our Portfolio Grow Reserves and Production Achieving Operational Excellence and Capital Efficiency…
STRATEGY MAP Operational Excellence and Financial Efficiency Growth Deliver Sustainable Business Balancing Portfolio 2014 2016 2019 2025 7
OUR EXECUTION TEAM Thabo Kgogo Chief Executive Officer Tariro Mudzimuirema Finance Director (Interim) - Petroleum engineer - Chartered accountant - 12 years oil and gas experience ranging from exploration, appraisal and…
NIGERIAN ASSETS: ACQUIRED AND UNDER ACQUISITION NIGER DELTA Proximity and location of OPL 233 and OPL 281 in relation to the prolific Niger delta. OPL 233 AFRICA Title perfected - assignment of 20% participating interest was…
OPL 281, NIGERIA: LOCATION LOCATION New PSC - five year Exploration Period divided into two separate phases. Transcorp 60% (Operator) , SacOil 20%, EER 20%. Minimum Commitments: o Reprocessing of existing 3D data over the block o…
OPL 233, NIGERIA: LOCATION LOCATION Licence area: 126 square km block. Water depths ranging from 3 to 10 metres. Close neighbours are oil majors such as Shell, Chevron and AGIP. Nigdel 60% (Operator) , SacOil 20%, EER 20%.…
BLOCK III, DRC: OVERVIEW & LOCATION LOCATION Licence area: 3 177 square km. Located on the DRC side of the Albertine Graben Basin, part of the East African Rift System. Block within proven petroleum system, on trend with major…
BLOCK 1, MALAWI: OVERVIEW & LOCATION LOCATION Located in the north western part of Malawi bordering Tanzania to the north and Zambia to the west. Licence area: 12 265 square km Located on trend with the East African Rift (EAR).…
BOTSWANA LICENCE 123, 124 & 125: SUMMARY LICENCE AREA 123/2013: 34,635 square km 124/2013: 10,664 square km 125/2013: 4,164 square km SUMMARISED WORK PROGRAM Year 1 - Environmental and Social Impact assessments - Desktop…
MOZAMBIQUE OPPORTUNITY Gas for the People Project SacOil, PIC and Instituto De Gesto Das Participaes Do Estado (IGEPE) entered into a Memorandum of Understanding (MoU), 31 March 2014. IGEPE manages investment portfolios and shares…
FINANCIAL HIGHLIGHTS SacOil is now a R1.7 billion company (2013: R315 million). Raised R336 million by way of a Rights Offer in January 2014 to fund the Groups E&E assets. Gairloch loans totalling R238.5 million converted to…
2014 SUMMARY FINANCIAL RESULTS Rm 2014 2013 Change Operating loss (52.9) (52.4) (0.5) Profit/(loss) before taxation 64.7 (29.3) 94.0 Profit/(loss) for the year 9.5 (71.6) 81.1 Basic earnings/(loss) per share (cents) 1.37 (6.10)…
SOURCES AND USES OF FUNDS 450 400 48.4 19.5 350 300 250 355.9 Rm 200 381.6 150 100 39.5 50 94.0 0 End 2013 Cash used in Cash from Investing Foreign End 2014 operations financing activities exchange activities gains…
CONCLUSIONS SacOil offers exposure to discovered oil with short lead times to production, balanced with high potential exploration in the prospective East African rift system. Dual listed African independent upstream Oil & Gas…
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