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    EEL   ZAE000248258

EFORA ENERGY LIMITED

(EEL)
  Report
End-of-day quote. End-of-day quote Johannesburg Stock Exchange - 10/12
0.12 ZAR   0.00%
04/28EFORA ENERGY  : Appointment of Director
PU
2020EFORA ENERGY  : and Transcorp Settle Legal Disputes on Opl 281
PU
2020EFORA ENERGY  : Updated Trading Statement
PU
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Efora Energy : Trading Statement

08/28/2020 | 04:07am EDT

EFORA ENERGY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE Share Code: EEL ISIN: ZAE000248258
('Efora' or 'the Company')

TRADING STATEMENT

In terms of the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the next period to be reported on will improve by 20% or more from the financial results for the previous corresponding period.

The financial information on which this trading statement is based has not been reviewed or reported on by the auditor of the Company. A more detailed trading statement will be released on SENS soon, while the reviewed results for the year ended 29 February 2020 are expected to be published before 31 August 2020.

Johannesburg
20 August 2020

Sponsor
PSG Capital

For further information please contact:

Efora Energy Limited
Damain Matroos
+27 (0)10 591 2260

About Efora
Efora Energy Limited is a South African based independent African oil and gas company, listed on the JSE. The Company has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo; a midstream project relating to crude trading in Nigeria and material downstream distribution operations throughout Southern Africa. Our focus as a Group is on delivering energy for the African continent by using Africa's own resources to meet the significant growth in demand expected over the next decade.

Disclaimer

Efora Energy Limited published this content on 20 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 August 2020 08:07:06 UTC


© Publicnow 2020
All news about EFORA ENERGY LIMITED
04/28EFORA ENERGY  : Appointment of Director
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Financials
Sales 2020 1 957 M 137 M 137 M
Net income 2020 -20,6 M -1,44 M -1,44 M
Net Debt 2020 138 M 9,61 M 9,61 M
P/E ratio 2020 -7,51x
Yield 2020 -
Capitalization 132 M 9,26 M 9,24 M
EV / Sales 2019 0,17x
EV / Sales 2020 0,15x
Nbr of Employees 113
Free-Float 10,1%
Chart EFORA ENERGY LIMITED
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Income Statement Evolution
Managers and Directors
NameTitle
Darrin G. Arendse Chief Executive Officer
Thabang Monametsi Group Chief Financial Officer & Financial Director
Vuyo Ngonyama Chairman
Jordaan Fouche Vice President-Technical & New Business
Sebenzile Patrick Mngconkola Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
EFORA ENERGY LIMITED0.00%9
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CANADIAN NATURAL RESOURCES LIMITED39.75%40 608
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