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.

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Africa Oil Corp. > Morons

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Comment by firstworldon Mar 01, 2022 7:54am

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Post# 34470273

RE:Morons

Sell me your shares. I will take a 50-100% operating income increase any day haha. $3.00 for $300-400M nearly pure profit by 28 people company....yup real morons. No wonders Canadians and Euros are so stupid to fund and fight beside UA Nazis ....must be the vax LOL

Hope4Best779 wrote: How do you forecast 2022 Cash flow from operations to be less in 2022 than 2021 when the oil price has doubled? Every oil stock has surged after reporting earnings this quarter. not aoi.Down almost 20%.How can you forecast $300-400 million in cash flow when it was $536 in 2021. Even after finding a huge deposit in namibia. What a bunch of absolute morons.

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