Africa Oil Corp. AOIFF

Who to merge with?

[Lonegaurdian19]

I could see them combining with Panoro, similar assets and experience in Equatorial Guinea. That company also likes bolt on purchases. No idea if AOI would be interested.

my 2 cents

[Suppe11]

I had Kosmos (=offshore, size, locations) in my mind...or GTA (just from the board relations/Guidry). Panoro looks like a fit (only asset wise) too.  The company to sesrch for: Mc around 2b, big cash+no growth prospects, cashflowing, synergies. As they don't care about debt (target)...how about Tullow ? Hahaha ;-)

[Lonegaurdian19]

Difficult environment, it would make sense to grow/merge at $1 billion plus. Total seems maxed out on spend, Chevron is always late to the party. Shell is good, BP too obsessed with ESG. Chinese are okay with cheap Russian oil, Indians pass. A merger with Panoro would actually make a ton of sense

[firstworld]

You have no clue what you are talking about USA is thrilled with Cheap Canadian OIl, Total has more cash than all Canadian oil cos combined, no intl oil.countries want to deal with Americans or Canadians if they can help it then only if they have minority stake. There is nothing to buy when oil.is $90 bbl. Leave it to Dr Tucker unless you have double PhD and 25 yes on Csuite Intl O&G