SacOil Holdings Limited BUILDING AN AFRICAN INDEPENDENT UPSTREAM OIL & GAS COMPANY AGM Presentation 30 November 2012
Vision To build an African independent upstream oil and gas business with a balanced portfolio of assets in Africa. Access assets and opportunities in proven hydrocarbon basins, across the E&P spectrum. Generation of cash flow…
Past 12 months in challenging times SacOil Holdings Ltd (AIM: SAC, JSE: SCL) Block III Acquisition of airborne gravity and magnetic survey Ordinary Shares in Issue 953,340,791 Market Capitalisation - ZAR 324,14 million* Market…
Past 12 months SacOil relative to peers SacOil share price performance relative to AIM listed peers as shown by E&Y Oil & Gas Eye index. Some of these companies were equally under pressure 5
Past 12 months what you have not seen Focus remains on optimisation of current assets, but SacOil continues to evaluate and seek further upstream assets on the African continent Production transaction Pre-empted at the 11th hour…
SacOil Strategy Build Explore an African footprint with a balanced portfolio of early stage opportunities in Africa with low entry assets costs SacOil is the only JSE listed, independent upstream oil and gas Africa is highly…
Strategy and Focus Mature Stage Production acreage provision of cashflow. On and offshore North and West Africa. Small producing assets. SacOil Focus Market Value OPL 233 Appraisal and development acreage. Discovered and…
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 III, DRC: Operational Plan 2011 Environmental studies completed 2012 Total increased equity in the block to 66.66%. Completed acquisition and interpretation of Aero Gravity Aeromag survey over the northern part of the…
Nigerian Assets Under Acquisition : Overview OPL 281 OPL 233 Proximity and location of OPL 233 and OPL 281 in relation to the prolific Niger delta OPL 233 and OPL 281 after finalisation of title will result in SacOil…
OPL 281: Location New PSC - five year Exploration Period divided into two separate phases. Transcorp 60% (Operator) , SacOil 20%, EER 20%. Minimum Commitments Forcados facility 25 km - Reprocessing of existing 3D data over the…
OPL 233: Location I year extension granted to the first phase of exploration. 126 sq. km block. Water depth of less than 30 ft. 103 ft. of net oil pay discovered in OML141 Olobia-1, certified Contingent resources. Significant…
OPL 233: Work Program Completed interpretation of existing 2D seismic and well data. Log analysis interpreted to be oil bearing. Completed modelling and planning of the 3D OBC seismic survey. Source: SacOil ; 2012 In the…
Nigerian Assets: Recent Transaction 15
Schedule of Activities
Conclusion Short term focus on optimisation of current assets (Title perfection/ work commencement) Strategic need to bulk up is recognised and being evaluated by the board institutional investors now looking at minimum size…
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