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.

Bullboard Posts

Comment by Houndtraderon Jul 04, 2013 8:40pm

77 Views

Post# 21589969

RE:Could be a long Summer at this rate

Yes, the last presentation, kh said, they wouldn't raise money again, unless the stock was over $10.00 a share,and they wouldn't go into debt. But, he also said last year, he would raise,with the least dilution as possible,and that didn't really happen. Maybe he did upset a few people and we seeing it now in the stock price.I would like to see more insiders buying at these low prices though.

Bullboard Posts

High Tide adds two stores to undervalued cannabis retail network