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. > Are we going to see a dividend before end of Q1

<< Previous

Bullboard Posts

Next >>

Comment by firstworldon Mar 11, 2022 8:21pm

285 Views

Post# 34508340

RE:RE:RE:Are we going to see a dividend before end of Q1

Prime is big enough and super majors so desperate to boost their reserves after RU abandonment that CN is taking over haha, some one may very well come along and pay huge money for Prime.

gggggTDGreen05 wrote:
The Question was will AOI receive a dividend from Prime before end of Q1?

My thoughts are yes since us shareholders are receiving a $.05 dividend or $.025 however you interrupted the PR.

thinking $100M or 50% net 50M to AOI is what AOI gets from prime