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Africa Energy Corp V.AFE

Alternate Symbol(s):  HPMCF

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

Comment by misterroachayon Sep 30, 2020 3:07pm
99 Views
Post# 31643203

RE:RE:Town Hall Presentation

RE:RE:Town Hall Presentation

What do you think will happen after they monetize and hiw will this affect the value of AFE?

Do you think they will continue exploration to the East if 11B/12B if successful with the current drilling programme? They mentioned that the current license will expire in 2022. 

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