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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 Houndtraderon Feb 01, 2013 6:51pm
507 Views
Post# 20927371

RE: RE: Rumours

RE: RE: Rumours

Thanks Api,Penny, hopefully we get the right story,from the companies next week. Last time we had rumours of a good well and the stock plummeted, Now we have new people on board, giving us rumours, the well is not flowing, I take that as a signal,that someone desperately wants the price to decline. Maybe they missed the boat. Like I said, I in long term, the news releases coming out and on the presentations, saying they have de-risked much of the area. Scotia,has a buy rating speculative play on the stock and calling $14.00,as of yesterday,so I will wait for the real release. 

Good weekend all, 

Penny are u on the juice already this early on a Friday. lol, yes, and No lol

Bullboard Posts