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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 > SpareBank update on Africa Energy
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Post by FitInvestmenton Jan 17, 2022 3:10am
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Post# 34323411

SpareBank update on Africa Energy

SpareBank update on Africa Energy
Africa Energy should gain some traction.
 
The management believes the gas agreement with South Africa should be announced in January.
 
Rig contract for 2B should be announced in January too. Shell discovery in the nearby plot announced last week is very positive for AEC
 
https://fitinvestmentideas.com/2022/01/17/sparebank-update-on-africa-energy/

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