SacOil Holdings Ltd. provided earnings guidance for the six months ended August 31, 2016. For the period, the company's basic loss per share is expected to be between 6.76 cents and 6.79 cents, representing a decrease of between 2,192% and 2,202% from the basic earnings per share of 0.32 cents recorded for the six months ended 31 August 2015. The net asset value per share to be, between 19.58 cents and 22.39 cents, a decrease of between 20% and 30% when compared to the net asset value per share of 28.11 cents at 29 February 2016.