Africa-focused SacOil (LON:SAC) said today it expects its basic loss per share for the six months to end August 2012 to be between 1.5 cents and 1.7 cents per share.
The headline loss for the period will be between 2.5 cents and 2.7 cents per share.
SacOil added it has adjusted the earnings figure for the comparable period in 2011 for a receivable associated with the farm-out of the 60% interest of Block III in the DRC.
The new comparable numbers for the first half of 2011 now are a basic loss per share of 14.7 cents and headline loss per share of and 5.1 cents.