Bullboard - Stock Discussion Forum 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... see more

TSX:AOI - Post Discussion

Africa Oil Corp. > Equatorial Guinea news should be soon

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Post by Lonegaurdian19 on Apr 03, 2024 11:26pm

Equatorial Guinea news should be soon

Keeping my fingers crossed they found a suitable bidder for the potential EG stock gas. I found an article that they could in theory supply 100 BCF via a theoretical pipeline. The CEO had said they extended their data room til end of February. Could be an added bonus now that Brent is near $90.

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Comment by firstworld on Apr 04, 2024 2:29am

They can mobilize quickly via African opco purchasing everything they need from drill ship services , to ppipeline ships, to pipes and valves from RU and CN with quick delivery and perfect execution, unlike gong show Canada and trans mountain CAD $37M per KM haha. This will be an interesting journey for AOI and SH. Wonder if AOI will get a prime div soon ...$90 oil is great. ...more

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Africa Oil Corp.