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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. > Excited to see what the new CEO brings
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Comment by firstworldon Sep 28, 2023 1:10am
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Post# 35658543

RE:Excited to see what the new CEO brings

RE:Excited to see what the new CEO brings
Lonegaurdian19 wrote: Here's hoping the new CEO has some bold ideas and plans. I think the Total release could have been better, could have been worse. Ultimately, it comes down to clarity moving forward with what AOI can control. That's why he gets paid, I am holding my position and eagerly awaiting how things are handled and communicated going forward.

best of luck to all

Total is probably the world top exploration company with long ga,e and majority institutional ownership, returning 40% free cashflow to SH.

They are the opposite of AOI and give credibility to AOI. 

I bought more today just for the Nigeriam crude.  Its hilarious how AOI was 3.35 in Oct last year, oil prices are higher, oil is up 3-4% in last 2-3 days and AOI drops 10% haha thanks to low grade algos LOL.
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