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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 hikarion Apr 18, 2024 12:36pm
84 Views
Post# 35996190

RE:RE:RE:JUST SOLD MY FIRST AOI IN 12 YEARS FOR MORE CPKC

RE:RE:RE:JUST SOLD MY FIRST AOI IN 12 YEARS FOR MORE CPKCI am wondering why this Mr. Tucker does not have more ambitious plans and goals for Africa Oil`s future.

He runs a concept as if Africa Oil is a company with high dividends; to preserve the dividends and to minimize the risk of losing them.

Management by objectives is necessary: after Mr Hill brought the company from zero to 30.000 bbl/d, Mr Tucker should bring this company from 20.000 bbl/d to 100.000 bb asap.
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