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. > Cash

<< Previous

Bullboard Posts

Next >>

Comment by Suppe11on Sep 16, 2022 7:05am

212 Views

Post# 34966271

RE:Cash

Lonegaurdian19 wrote:
Stop showing the market your one of a few interested in majors divestments, you've worked with them they'll call ya.

I'm no expert, so just common sense...it doesn't work they way you implicate (= "you're needy, you pay more). This is running through Investment banks...f.e. Chevron wants to sell an asset...they tender the offer to investment banks (or they have their usual investment bank, they work with). The investment bank then should promote the offer to the market and tries to construct it like a tender = companies interested should make an (secret) offer.

Maybe I'm wrong, but I'm pretty sure, that KH is not phoning around asking for major assets.

<< Previous

Bullboard Posts

Next >>

Pharmaceuticals Co. grows global reach to meet unique medical need