ENERGY NEWS

Name Change and Share Consolidation Update

08 November 2017

Efora Energy Limited, formerly SacOil Holdings Limited, JSE Share Code: EEL, (“Efora” or “the Company”)


Updated Trading Statement for the Year ended 28 February 2017.

26 May 2017

Shareholders are referred to the announcement released on the Johannesburg Stock Exchange News Service (“SENS”) and the Regulatory News Service of the London Stock Exchange ("RNS") on 8 May 2017 in which the Company advised that earnings per share and headline earnings per share for the year ended 28 February 2017 are expected to be at least 20% lower relative to the prior comparative period (“the Announcement”).

SacOil Completes Transformational Acquisition of Controlling Interest in Afric Oil Group

31 May 2017

SacOil, the South African based independent African oil and gas company that is focussed on the full oil and gas value chain, is pleased to announce that is has fulfilled all conditions precedent relating to the acquisition of a controlling interest in Afric Oil, via the acquisition of Phembani Oil Proprietary Limited (“Phembani Oil”) from Gentacure Proprietary Limited (“Gentacure”) and its holding company, Moopong Investments Holdings Proprietary Limited (“Moopong”) (“the Acquisition”).