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Bullboard - Stock Discussion Forum 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... see more

TSX:AOI - Post Discussion

Africa Oil Corp. > Shell namibia find upgraded from 400m to 2.0b
View:
Post by Trvltroposphere on Apr 06, 2022 11:47am

Shell namibia find upgraded from 400m to 2.0b

Having dificulty posting link but can be found on seekingalpha.com
Comment by toptiger on Apr 06, 2022 12:09pm
now, if venus was always supposed to be at least 3X graff, then......we prob have nearer 6bn ?? upstream are usually ahead of the curve, and have been right.
Comment by EGF30 on Apr 06, 2022 1:50pm
Here it is. Short, but very sweet. Shell (SHEL) hit oil in Namibia during January, and by mid February Upstream sources indicated the find could hold as much as 400mb of oil; following completion of an appraisal well, Upstream now indicates the find could hold as much as 2.0b barrels. It's reported that the supermajor is now considering adding a floating LNG ...more  
Comment by toptiger on Apr 06, 2022 2:09pm
an upgrade of even similar magnituide to say 5bn plus gas would be worth way more than aoi's current mkt cap
Comment by firstworld on Apr 06, 2022 4:42pm
Good bye Canada oil and gas investments.  No pipelines or deep water and full out Nazi GHG plan no investments - just maintenance.
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