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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 PapaFritzon Jun 16, 2014 2:04pm
525 Views
Post# 22663962

RE:RE:RE:RE:Somali/Kenyan border....

RE:RE:RE:RE:Somali/Kenyan border....
vestor111 wrote: There are manipulators who live for these times of no news.   They walk the price down trying to pick up cheap shares.   They realize on people's distrust of silence.  

How many more basins are undrilled?   And how many will be drilled this year?   How many appraisal wells?   


Well said. This has to be one of the most manipulated and "played" stocks on the TSX! News is imminent and the prospects of a hit or gas discovery appear to be very close to a release - yet on a measly 100K shares those in the know - make this stock trade at whereever they want it to trade..

100k is not significant volume enough for me to change my opinion as far as the state of the nation with AOI!
Just wait and see!
Bullboard Posts