Post by
GoldfingerU3O8 on Apr 26, 2022 11:05am
Venus - Africa Oil will be a Monster!!!!
If Africa Oil has 6.2% of these 13 Bn Oil equivalent which is expected to in Venus, we are talking about nearly 800 Mio Barrel. These have a street price today of 80 Bn Dollar. The market cap of Africa Oil is at 1.2 Bn as of today.
Africa Oil is operator of another block south of the Venus find in the Orange Basin: 3b/4B. In this case they are holding 20% (probably 23% if the Eco Azinam deal is through). Some say 3b/4b are de-risked because of the Venus & Graff discoveries. Imagine they are succesful there!?!
And pls have also a look at the land package of Africa Energy, Eco & Impact Oil & Gas, where Africa Oil has a stake in.
It could be that Africa Oil is sitting on several BN Barrel Oil. If I would be a MAJOR, I would buy them out now before all the other promising looking prospects are drilled
Comment by
toptiger on Apr 26, 2022 12:49pm
and a crazy amount of gas there too disagree with your 80 billion street value but not far off aoi on venus is $4, plus venus west might be same again, then 3b/4b, then afe, etc etc $10 easy if these reports are true
Comment by
hikari on Apr 26, 2022 6:03pm
worlds lagest deep water oil find
Comment by
DAGUY on Apr 26, 2022 8:40pm
Well if they can sell it for $5.00 US in the ground that could be $4B, which is almost $8.00 a share! But going to market for this would cost a lot, pretty sure we are not big enough for that.
Comment by
toptiger on Apr 27, 2022 4:06am
my god your ******* stupid
Comment by
Lonegaurdian19 on Apr 29, 2022 4:14am
Remove the nonsense 1 troll at a time