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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 Malpeque2on Jan 12, 2024 11:12am
64 Views
Post# 35823637

RE:RE:looking for EOG.v to do similar

RE:RE:looking for EOG.v to do similarDoesn't matter who or whom the operator was/is.    This is corporatespeak nonsense.    It's either material public or non-public information as EVERYONE was speculating on the resutls of the well(s).   

It was a 2 well program was it not.   Or they agreed after announcing the results of the first well to drill another.     So after the first well there was a discussion by EOG about the mangnitude of the discovery.    The public discolsure of the material information.   Certainly this program was material information to EOG  shareholders.       There was no disclosure about the quality of the well.    Everyone on that DrillShip knows the quality of the discovery when it starts flowiing,  or not flowing.  And all the downhole tools know what they found.    This is nonsense about Tullow taking the samples back to the lab,  yeah,  for confirmation that they really didn't fine JACKS$$T.    

You know,   I personally made money as a bought in a few shares maybe a week before expected results and then sold like a day or two before for like a 5% profit as the shares were volitile to the lead up.
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