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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

Comment by firstworldon Sep 07, 2022 4:04pm
92 Views
Post# 34947734

RE:Reuters September 4th.

RE:Reuters September 4th.By that time RU will have half the world locked into 10-20 year oil & petchem supply deals and the NATO and Nazi supporters will be full on Soviet style states with price caps on everything, elites living high life, with everyone taking public transit only they wont have endless cheap hot water and showers and electricity like Soviet union LOL.

4 years is eternity when the NATO and Nazi supporters are desperate to stop using oil thinking they will save the planet while the other 90% of the world use as much oil as they can get and a bulk of it from RU and friends.

Best case they prove the production and sell to a supermajor ASAP.  

Oil will be $400bbl or $40 bbl by Feb - its all in RU hands whether NATO and Nazi supporters will throw Europes most corrupt country (for last 25 years) under the bus to save their own political lives or they are kicked out by freeezing unemloyed electorate - its a gamble either way.

radcat wrote: 4 years will go fast. Its like waiting for the next olympics. Can't wait to win the black gold metal :)


Namibia Sees TotalEnergies and Shell Oil Projects Starting Production in 4 years

 September 2, 2022

Maersk Drilling's Maersk Voyager drillship was used to make TotalEnergies' Venus discovery offshore Namibia. Photo from Maersk Drilling.
Maersk Drilling's Maersk Voyager drillship was used to make TotalEnergies' Venus discovery offshore Namibia. Photo from Maersk Drilling.

 Oil discoveries by TotalEnergies and Shell off the coast of Namibia could start production in four years, Namibia Energy Minister Tom Alweendo said at a conference in Dakar on Thursday.

Alweendo said Namibia had agreed with the companies that they should start production as fast as possible.

 (Reuters - Reporting by Bate Felix/Writing by Alessandra Prentice; Editing by Kirsten Donovan





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