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Bullboard - Stock Discussion Forum
Africa Energy Corp
HPMCF
Primary Symbol:
V.AFE
Energy
Oil & Gas E&P
Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds 10% participating interest in the Exploration Right for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is...
located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 18,734 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.
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Bullboard (TSXV:AFE)
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(108)
•••
Schreibzey
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Comment by
Schreibzey
on Oct 30, 2020 9:32am
RE:RE:One more question
Ok, thanks for taking the time to explain that.
(3)
•••
Capetonian
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Comment by
Capetonian
on Oct 30, 2020 9:21am
RE:One more question
I very much doubt Impact has been selling. Here's my read; The interest in 11b/12b is held by Main Street 1549. MS1549 is/was owned 49% AFE / 51% Arostyle. I'm not entirely sure of the
...more
(108)
•••
Schreibzey
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Post by
Schreibzey
on Oct 29, 2020 4:47pm
One more question
One more question before I leave this alone for a while: The Impact transaction, where Impact became a major shareholder of AFE, closed on 22 OCT. Luiperd discovery was 28 OCT. Impact
...more
(34)
•••
HotDog01
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Comment by
HotDog01
on Oct 29, 2020 2:28pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Pareto Securities Report
A jack of all trades, but mostly reservoir/petroleum engineering in my technical days. And master of none, of course.
(23)
•••
tadjames1
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Comment by
tadjames1
on Oct 29, 2020 2:07pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Pareto Securities Report
Engineering or Geology ?
(34)
•••
HotDog01
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Comment by
HotDog01
on Oct 29, 2020 12:22pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Pareto Securities Report
Not any more, I retired after some 50 years in the business... But it is fun to search for and follow the fortunes of companies like AFE!
(23)
•••
tadjames1
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Comment by
tadjames1
on Oct 29, 2020 11:56am
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Pareto Securities Report
Do you work in the industry ?
(16)
•••
Oregonduck
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Post by
Oregonduck
on Oct 29, 2020 11:46am
Takeover Value ?
Pareto is a hired gun. They stuffed their pockets with close to $900,000 to market AFE recent private placement. As “Sell Side Analyst” they will paint a rosy picture of the Co. for a fee. As
...more
(34)
•••
HotDog01
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Comment by
HotDog01
on Oct 29, 2020 11:36am
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Pareto Securities Report
Regarding the water contact, I do not expect it to be assumed at the base of sand in Luiperd-1x! The one feature which attracted Total et al to the area for exploration was the presence of
...more
(23)
•••
tadjames1
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Comment by
tadjames1
on Oct 29, 2020 11:29am
RE:RE:Luiperd to be discussed at Africa Oil Town Hall
They will sell their stake in the entire 11/12b block and they will say 6-12 months. This has been directed relayed to me from management.
(60)
•••
SBaker
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Comment by
SBaker
on Oct 29, 2020 11:14am
RE:Luiperd to be discussed at Africa Oil Town Hall
I've emailed the following questions to the Townhall.............I'll post if I pick up answers. What is the expected timeline to reach a decision on commerciality and
...more
(5)
•••
trendcetter
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Comment by
trendcetter
on Oct 29, 2020 11:08am
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Pareto Securities Report
I hope he negotiates it so we can all make our money back and move on. I'm happy to email him my average price if it helps him. We will see after the conference today.
(60)
•••
SBaker
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Comment by
SBaker
on Oct 29, 2020 11:00am
RE:RE:RE:RE:RE:RE:RE:RE:RE:Pareto Securities Report
Appreciate the discussion and brainstorming, thanks My concern (not that we can do anything about it) is that Luiperd will have it's value assigned on the volumetrics of a 73m column of gas
...more
(23)
•••
tadjames1
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Comment by
tadjames1
on Oct 29, 2020 10:59am
RE:RE:Luiperd to be discussed at Africa Oil Town Hall
My bad... Starts in 2 hrs
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