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.

TSXV:AFE - Post by User

Africa Energy Corp

Bullboard Posts

Comment by investpro2on Apr 01, 2012 6:02pm

375 Views

Post# 19745662

RE: UK Discussion on RMP and HRN

FROM UK Board paste:

What could it be???

We know they have been doing testing over the past few weeks that is something we clearly know.

We had 400m of oil and gas show!!!

We have since drilled into more prolific targets where we will of hopefully encountered more oil and gas shows. The difference now we know that wireline logging had taken place probably over depths covering 1.1km. This could be potentially the biggest RNS to date for all 3 companies involved so expect it to be a big one. Testing will of been done over depths covering from 1600m - 2700m. We know from the regional seal being around 1600m we had 400m of oil and gas shows then we have a target from 2400m.

PL has replied to many investors who went the extra mile and asked questions they wanted answers to.

I bring your attention to my reply from PL again:

"Fair few questions there - I'd say update tue / wed next week - for casing and running logs - in ground value of recoverable oil would be between 3 and 7 bucks (pure guestimate) - govt get royalties and profit share from physical oil sold (not selling the project) - certainly some companies coming out of the wood work over the last few weeks and will always entertain any ballpark offers".

Now even with PL saying he expects an update tue / wed this week he is clearly stating they have Market sensitive info that all 3 companies want to tell the world.

This could be a huge week in the history of all 3 companies and even bigger for the country that holds this all important drill. We as emperors are about to embark on a journey that we as investors dream about this is the 10 bagger we crave for as investors yes I said 10 bagger but boy do I use the figures 1 and 0 lightly this could be a 100 bagger to the strong and clever investors we are about to move up to levels we could only dream about a few months ago.

Keep it together emperors our time is nearly upon us Mr Market won't make it easy for us one bit this is money and big money is involved at all levels so keep the faith and we shall be rewarded.