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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Comment by superoilhunteron Sep 27, 2012 1:50pm

401 Views

Post# 20421281

RE: AOIs little horn /smarter_of

I held a lot of HRN @ around 1/share, took a 50k tax loss and sold in the .30s.. will buy back after 30 days ( 15 or so to go now) Def and big risk big reward play, and not happy with how news was so very positive one second and then.. it flowed water the next .... but I've moved HRN money into AOI for the twiga/paipai announcement. I think Tullow will be just as successful here as in Uganda. Would love to be a fly on the wall when the Super majors call K.Hill.

I like HRN but I love AOI.

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