Africa Oil Corp. AOIFF

Primary Symbol: T.AOI

Energy Oil & Gas E&P

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

Africa Oil Corp. > Town Hall

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Comment by firstworldon Apr 16, 2024 4:37pm

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Post# 35992337

RE:RE:Town Hall

GripnRip wrote:

wasting shareholder $ on share buybacks will continue until morale improves

looking at many O&G deals, some so exciting mngmnt forgoes lunch at countryclub and comes right to office, sometimes even before lunch

with all this hard work going on, doubled option and RSU's to mngmnt

evaluating ending dividends

Dobt forget the $millions in undiscloswd corp loans to Csuite haha!!

Just sell it now and buy pump&dump VLE or 14 -17% divs ENCL and ENCC paying monthly.

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