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Bullboard - Stock Discussion Forum 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... see more

Bullboard (TSXV:AFE)

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Post by Jonathon Brownon May 16, 2024 10:33am

Buzz on the Bullboards: Major developments amidst market dynamics

Several TSX-listed companies are making headlines with significant updates, strategic movements and quarterly reports. read article.
Post by Harel1976on May 13, 2024 4:28am

Interesting article

https://venturesafrica.com/apostories/south-africa-needs-to-use-its-abundant-domestic-natural-gas-to-fix-its-energy-crisis-today-by-nj-ayuk/ "As described in the new African Energy Chamber (AEC) ...more  
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Post by Harel1976on May 10, 2024 3:31am

fid expected by year end

Oil & gas field profile: Brulpadda/Luiperd Conventional Gas Field, South Africa (offshore-technology.com) "Final investment decision (FID) of the project will be approved in 2024. The ...more  
137
Comment by Harel1976on May 05, 2024 2:40pm

RE:RE:RE:RE:RE:RE:South Africa and Gas to Power...hopefully sooner than later.

Not only them, they eill exit or consolidateeach of their investees but they will not give up on upsides like the purchase of another 8% of impact, so once ghis project advanced they will wait for a ...more  
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Discussion
Comment by Ebenizer3on May 05, 2024 10:46am

RE:RE:RE:RE:RE:South Africa and Gas to Power...hopefully sooner than later.

the comments they made about divorcing AFE and Eco
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Discussion
Comment by Harel1976on May 04, 2024 5:10pm

RE:RE:RE:South Africa and Gas to Power...hopefully sooner than later.

1.25$ is a fair value for boe in the ground while project is stuck due to regulations and political complications, the value of a boe that is fdp/fid in such an economic, fast track, tie in to ...more  
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Discussion
Comment by Ebenizer3on May 04, 2024 10:40am

RE:RE:South Africa and Gas to Power...hopefully sooner than later.

try the latest presentation which is I believe may 2023, Luiperd and Brulpadda is predicted at around $1.25 boe with over 1 billion bbl boe, AFE currently has 1.4 bil shares you could put a $1.00 on ...more  
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Discussion
Comment by Gambrinuson May 03, 2024 5:30pm

RE:South Africa and Gas to Power...hopefully sooner than later.

Curious... Has anyone done the math? As to the value per share (for AFE)  of 11B and 12B discoveries – otherwise known as Luiperd and Brulpadda. 
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Discussion
Post by Ebenizer3on May 01, 2024 11:31am

Critical South Africa upstream law set for presidential asse

https://www.upstreamonline.com/politics/critical-south-africa-upstream-law-set-for-presidential-assent/2-1-1635827 Excerpt from paywalled site: National Council of Provinces approves Upstream ...more  
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Post by Ebenizer3on Apr 17, 2024 3:46pm

South Africa and Gas to Power...hopefully sooner than later.

https://www.naturalgasworld.com/south-africas-petrosa-targets-mozambique-gas-in-new-sales-pact-110716 Quote: "PetroSA wants to form a joint venture (JV) with ENH to woo potential gas clients in ...more  
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Discussion
Comment by Harel1976on Mar 25, 2024 1:06pm

RE:RE:RE:RE:what i dont understand

if thats "eps" i wonder what is a delayed ps.. anyway as i understand there nothing to expect before election on may, maby by year end something will move
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Discussion
Comment by Gambrinuson Mar 23, 2024 3:14pm

RE:RE:RE:what i dont understand

When will we hear more about this? AFRICA ENERGY CORP. Report to Shareholders December 31, 2022 The Company and its joint venture partners are contemplating an early production system (“EPS”) for ...more  
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Discussion
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