Africa Energy Corp V.AFE

Alternate Symbol(s): HPMCF

Energy Oil & Gas E&P

Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds 10% participating interest in the Exploration Right for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 18,734 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.

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Africa Energy Corp

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Post by TheRealJRLon Feb 29, 2012 3:38pm

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Post# 19606695

Africa Oil has discovered huge oil deposits

https://intelligencebriefs.com/?p=1782

"Oil Discovery in Somalia Calls on the World Rapers
February 27 ! Posted by David James ! Geopolitics, intelligence News
Canadian firm Africa Oil has discovered huge oil deposits in Puntland Somalia.
Drilling in Puntland by the Canadian firm Africa Oil began last month and pipes to pipe the crude have been laid in what seems to be a well planned process.
Kenya defense forces helped British and Americans find Somalia a lucrative destination for oil exploration and export companies hence the scramble for a piece of the Somali pie.
Huge oil discoveries have been made in Somalia promising huge returns and economic returns for Somalia."