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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
Post by rocket500on Jun 29, 2013 1:22pm
116 Views
Post# 21581356

Ngamia net pay

Ngamia net payA few weeks ago, there was a poster on another board that was kind enough to share some info on Ngamia net pay. Not sure if anyone took interest in it as there were not many replies, but I sure did and I saved the image. I believe the poster was wondering as to the validity of the image.

The total adds up to 255 metres. I don't have any clue how this stuff works but maybe they drop little layers like the 2m or 3m layers that are not worth pursuing? Like I say, I really don't know. Also, I don't know what is the source of this image nor where the original poster found it. I have checked all the previous AOI presentations as it is obviously similar to the images in those, but they don't show this detail. Would love to hear what you people think. We're already neck deep in AOI shares and long, so not that this affects us much. Just thought I'd throw it your way while we wait a few more days for Sophia and company to get it together.




Bullboard Posts