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Bullboard - Stock Discussion Forum 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... see more

TSX:AOI - Post Discussion

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Post by maldoror on Sep 06, 2023 1:01pm

Sudan

No Guts No Glory Adolf Lundin died a number of years. He laid the foundations of the Lundin Corporations and taught his two sons very well. Both of them graduated with degrees in the  oil and gas area. Lukas got trained in Qatar, Yemen, Eritrea, Argentina,Ecuad and made Vancouver his headquarters. His 3 sons all have grauate degrees related to the oil and gas area as well as participating with his sons in motorcycles races in the Baja. Unfortunately he died recently. Son no.2 stayed in Geneva and took care of the business in Switzerland,  offshore UK , Geneva, and Africa with specific areas like the Congo and the Sudan as well as Nigeria and Namibia. Specifically the African countries are governed by dictatorships and that brings with it governance issues that are not legal in the USA. As an example Adolf Lundin financed Kabila in the Congo that resulted in the Tenke Fugurame  property (cobalt) to  be brought into production and after two years it gets sold to FCX (called the clean hands move). Woke oriented organisations discover that some if not most of these countries operate with non clean hands and then pursue the facilitators after the fact. The legal processes satisfy the woke crowd and the world as it is keeps on turning.
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