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Africa Oil Corp. AOIFF


Primary Symbol: T.AOI

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria and an exploration/appraisal portfolio in west and south of Africa, as well as Guyana. The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime), Impact Oil and Gas Ltd (Impact), Africa Energy Corp (Africa Energy) and Eco (Atlantic) Oil & Gas Ltd. (Eco). Prime is a Nigeria-focused company with interests in OML 127 and OML 130 that account for all of the Company's reserves and production. Eco is an oil and gas exploration company with interests in Guyana, Namibia and South Africa. Impact has interests in Namibia and South Africa.


TSX:AOI - Post by User

Comment by firstworldon Feb 27, 2024 3:59pm
98 Views
Post# 35902298

RE:Where Is the Board of Directors?

RE:Where Is the Board of Directors?This is the canadian way  foor last 15 years.  Losers and poor judgement people get rewarded while champions and producers are penalized with taxes, obstacles, and complaints they make others look bad haha.

Thats why candain run business are poorest performing wiith lowest productivity and highest costs in industrialized world.

Frankly, AOI looks way better than it did 6 mths ago having zero orange basin finance challenges, similar cash flow, and more progresss on various initiaitives the SP decline is just algo manipulation and desperate canadians unloading to raise cash to pay down mortgages and finance adult babies buying $2M mcmansions haha.

This will be 3.30 or more by summer.
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