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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 18, 2013 9:01pm
326 Views
Post# 21007100

RE: RE: RE: Think it has more about Taxes

RE: RE: RE: Think it has more about Taxes

I can't believe some of these countries governments. For years, they have had nothing. People have been poor,and now the government has a chance to possible get rich for their people and there countries, and they bicker over who's going to get the larger piece of the pie. The poor in the end, will still have nothing, as far as I'm concerned. The greedy always seem to get greedier,and end up with the biggest piece of the pie.Every country should be responsible for looking after there own people. 

 

Bullboard Posts