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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

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

Bullboard Posts
Comment by superoilhunteron Nov 27, 2012 1:45pm
300 Views
Post# 20650363

RE: RE: share price/ confidence

RE: RE: share price/ confidence

terrible reaction to the news...  K.Hill could of been more upbeat.. but he sounded more frustrated than anything else.  But maybe he learned from Horn CC.. he was VERY upbeat, .. then.. disappointed everyone.  

I believe we will see K.Hill and insiders add at this price... would like to see L.Lundin step up and support the price here since things are getting uncomfy.  Fast forward to next dec, we will be very happy we had a chance to add at this price.  Twiga Flow rates in 8 weeks.. Paipai news in 4 weeks..   news flow will be kicking into high gear for 2013.  I am selling off my horn for tax loss and adding to AOI.. picking up another 7k right here.   Good luck all.. just turn off the pc and stop looking at the daily share price if you are not a trader.. AOI will be a lot higher in 12 months than we are today.  I said the same thing last nov with Ngamia getting drilled and the stock getting crushed at 1.5... so here we are today.. Ngamia and twiga confirmed with oil, flow test coming... and LOTS more drilling up ahead, exciting times for the company and shareholders.   Good Luck! 

Bullboard Posts