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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

TSXV:AFE - Post Discussion

Africa Energy Corp > Recent signing of Rig Contract for Block 2B
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Post by daytradingARK on Mar 08, 2022 2:35pm

Recent signing of Rig Contract for Block 2B

$AFE has a 27.5% participating interest in Block 2B offshore South Africa.
The block covers 3,062 square kilometers with water depths ranging from 50 to 200 meters.
The well was tested and flowed 191 barrels of oil per day of 36-degree API oil from a 10-meter sandstone interval at about 3,250 meters.
https://www.benzinga.com/pressreleases/22/03/n25956449/africa-energy-announces-signing-of-rig-contract-for-block-2b
 
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