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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 superoilhunteron Oct 17, 2013 9:27am
201 Views
Post# 21823023

RE:Oh Oh shorty....watching L2...

RE:Oh Oh shorty....watching L2...Over 10 here we come! ( soon )   
Shorts buying lube this morning..because they will get bent over and ravaged.   I was thinking why o why did we do this placement before we announce some more good news ( basin opening wells)  at a much higher price.. but the company has to hedge itself, get the money when it can and let the big boys participate in the upside .. otherwise.. they will have greater incentive to short and sell it down... or just plain ol' no interest if stock price already prices in the upside...    we now have a Larger investor base ... more eyeballs on AOI.. more friends telling friends that AOI is the once in the lifetime story.   Investment banks are now in.. they will be pounding the table to clients to buy now.   The ducks are lined up.. now lets hope AOI and its partners can knock them down.   Going to be a fun few years..   Cheers!  
Bullboard Posts