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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 28, 2023 2:44pm
162 Views
Post# 35660034

RE:THE NUMBERS DR. TUCKER - WHERE'S THE NUMBERS???

RE:THE NUMBERS DR. TUCKER - WHERE'S THE NUMBERS???
EGF30 wrote:

Dr. Tucker, let me address the elephant in the room.

I will speak plain and clearly so even a child can understand - WHERE'S THE NUMBERS?

It has been widely reported for the last few months including from NAMCOR that the Venus prospect has at LEAST 5.1 Billion barrels and 10 billion for the Orabge basin to date and that Total will be releasing the numbers at their investor day.

An untold number of investors across the globe, including myself took time out of their busy day to hear the Venus and Orange Basin numbers first hand. 

You can spin a positive spin DST all you want and it's great, but where's the numbers? 

Bottom line is the numbers were promised and they were not delivered - so where are they and why were they not published?

You may not be the operator, but you most certainly have a responibility to your shareholders.

Including all of us nobody investor's who keep the double slices of cheescake for lunch and full bodied cabernet for dinner flowing. 

Now that you are officially on the job and the 3rd quarter is coming to a close, this nobody investor expects to hear from you sooner than later with the future direction of this company.

GLTA.
     

  
       



   
        


They reported positive result which means its a commercial resource.

drill stem test (DST) is a procedure for isolating and testing the pressure, permeability and productive capacity of a geological formation during the drilling of a well. The test is an important measurement of pressure behaviour at the drill stem and is a valuable way of obtaining information on the formation fluid and establishing whether a well has found a commercial hydrocarbon reservoir.
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