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

Post by superoilhunteron Jan 20, 2017 3:09pm

314 Views

Post# 25735112

whats not to like?

Increasing oil prices.. increasing reserves .. increasing drilling activity.. increasing upgrades..
this points one way only.. we are going up strong, don't worry about the day to day.. within the next 36 months.. we will wake up and headlines will read.. BUYOUT. AOI / LUNDINS does it again.. sells AOI to XXXX (state owned company) for xxx Billion all cash. What # will it be.... not sure since a lot can happen in 24-36 months.. oil headed one way only.. up.... will we be at 1.5 billion reserves at the time of sale.. I think we get pretty close.

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