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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 GoJerezon Mar 28, 2013 9:53pm
459 Views
Post# 21184059

RE: RE: Fast-track commercial viability

RE: RE: Fast-track commercial viability

I think it means that Tullow/AOI will fast track BOTH exploration and development.

The discoveries will be drilled up to prove commercial viability. I believe its a given now.

Along with development/step out wells...they will continue on with rank exploration within the different basins.

Whats great is that we will spend more money to get to the end game faster. Our discovery should prove up a billion barrels and be similar to Uganda.

Anxiously waiting for our BIG flow rates.....I think they have been strategically waiting to announce the proper flows. We know that Twiga was not nearly the well that Ngamia is and it flowed pretty good....so cant wait for the 15,000 to 20,000 boe/d from our jackpot well. 

GLTA

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Dealroom for high-potential pre-IPO opportunities
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