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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 rocket500on Apr 16, 2013 5:33pm
290 Views
Post# 21260658

RE: amazing

RE: amazing

It's sickening really. KH must be seriously wondering how every time he opens his mouth, the stock drops yet another couple dollars. I'm about 15 or 20 cents away from a margin call that I never thought in my wildest dreams could occur. Not blaming anyone (but myself) but seriously PO'd at the moment. Not sure how much I believe the "more confident in oil at Sabisa" from KH either - 25% of my mind says BS. I find Tullow a little more straight and trustworthy at the moment, so tend to follow what they say.

We all want to be patient and keep the faith in this company, but man, this is starting to get a little out of hand. Personally, now I have to muck around with some financing to straighten things out. If it keeps going like this, I may eventually have to start dumping shares I paid $8 or $9 for. Not happy today.

Bullboard Posts