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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 superoilhunteron Mar 05, 2016 3:10pm
278 Views
Post# 24626216

Load up.. cuz here we go again!

Load up.. cuz here we go again! I thought by now AOI would of opened up at least 2 more basins and IF the oil markets had not crashed.. we should of been at 20/share.. but.. here we are..  1.4/share here in the U.S..  I started buying AOI at 1.25 BEFORE they hit anything.. now after we found 1+ Billion BOE ( I assume this will be shown in resource report when it finally comes out)  we are at the same price..  go figure.  I .think the bottom is in for OIL, after we base for another 12-18 months ( or as soon as PUTIN is out of office).. then we will have a serious upswing back to $60-70.  AOI at that point should trade in the 5-6 area imo.  I have brought  a lot more under 1.5.. and added more on friday.   Holding enough shares to make this life altering event if and when she goes up.... this has become a  deep value play ..as deep as the oil.., when the tide comes back in.. and it always does eventually.. and she runs past 10 again.. this time.. I hope I'm smart enough to sell.    ^_~      
Bullboard Posts