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 a 10% participating interest in the Exploration Rights 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 19,000 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 > Luiperd to be discussed at Africa Oil Town Hall

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Comment by Ferryboyon Oct 31, 2020 2:10pm

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RE:RE:RE:RE:Luiperd to be discussed at Africa Oil Town Hall

Keith Hill did say they (meaning Total) was off to drill and even deeper well off Africa (I forget exactly where) than Luiperd so it would likely be the same deep water rig. My question ..is the drilling contract with Total who would have the right to move the rig? ,, or was it restricted to drilling within the same SA location as Luiperd? Total is a pretty big operator and may have written in some flexibility.

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