Africa Oil Corp. T.AOI

Alternate Symbol(s): AOIFF

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.

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Post by maniacon Apr 09, 2012 11:24pm

597 Views

Post# 19774205

another article

This was an interesting read. here is the link:

https://www.monitor.co.ug/Business/Prosper/-/688616/1382870/-/bppx20/-/

I find this paragraph very interesting

"However, Mr Kiraitu Murungi, Kenya’s energy minister, was quoted by Kenya’s leading newspaper, the Daily Nation, as saying that Tullow informed him that Kenya’s oil deposits could be bigger than Uganda’s, although the oil firm is reluctant to confirm that assertion, saying it is too early to determine that."

Cheers,

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