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. > Impact

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Comment by firstworldon Jul 19, 2022 9:39am

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Post# 34833929

RE:RE:RE:RE:RE:RE:RE:RE:RE:Impact

A long road packed with technical and market risks with 5 years min to monetize. By. Then we could all be using fusion cell power plants the size of an Apple 2022 brick phone to power cars and homes haha. It will probably be a RU CN product so west will use coal. May add some value to AOI but the only story at AOI is the 1/2 B it will earn in a 15 mth period with 8 employees. Can buy all the Suncor gas stations for $10B, install EV charging stations and sell EV drivers all kinds of stuff while they wait forever charging. Maybe able to get $6B govt welfare package to offset the costs too haha! Glad I loaded up at $2.00. AOI is a money tree!

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