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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 Jimbino44on Feb 29, 2024 4:59pm
164 Views
Post# 35907673

RE:RE:Where Is the Board of Directors?

RE:RE:Where Is the Board of Directors?Whether you have 5 or 5 million shares and your timeframe is 5 days or 5 years nobody wants to see the share price in a free fall for no apparent reason. The earnings release was underwhelming but certainly not catastrophic, oil prices steady, and everything else looks good on the surface. Yet the market is hammering this stock...something doesn't smell right.
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