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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 Nov 20, 2013 8:39am
395 Views
Post# 21922027

RE:AOI

RE:AOIFreddahl..  I didn't want to be the one to say it!!  LOL   Interconnections between the wells!!!  If they are communicating .. how huge will that be??    Yes.. upside potential is unreal.  Think apple stock when ipod craze just hit.. then iphone, ipad, etc.. each one would be equal to a new basin.. in a weird sort of comparison.  Thats how is see things playing out..  huge upside, drill inventory is likely the best anyone has ever seen...   just kick back and relax.. we have at least 18 month of hard core nonstop drilling then.. we can count the stacks of oil and name our price to the supermajors.  
Bullboard Posts