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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...
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.
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Bullboard (TSXV:AFE)
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•••
Jonathon Brown
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Post by
Jonathon Brown
on May 07, 2024 4:24pm
@ the Bell: TSX hits near-month high
The TSX rose near highs not seen in a month, but a split between indices capped gains as mining and energy were the only higher sectors.
read article.
(351)
•••
Harel1976
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Comment by
Harel1976
on 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
(85)
•••
Ebenizer3
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Comment by
Ebenizer3
on 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
(351)
•••
Harel1976
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Comment by
Harel1976
on May 04, 2024 5:11pm
RE:RE:RE:RE:South Africa and Gas to Power...hopefully sooner than later.
Btw, what comments by aoi are you talking about?
(351)
•••
Harel1976
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Comment by
Harel1976
on 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
(85)
•••
Ebenizer3
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Comment by
Ebenizer3
on 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
(1)
•••
Gambrinus
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Comment by
Gambrinus
on 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.
•••
Jonathon Brown
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Post by
Jonathon Brown
on May 02, 2024 8:22am
Buzz on the Bullboards: The top stocks in energy, mining and EVs
While energy gains propel the TSX, industrials get attention from the EV market and investors navigate another week of mining sector activity.
read article.
(85)
•••
Ebenizer3
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Post by
Ebenizer3
on 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
(85)
•••
Ebenizer3
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Post by
Ebenizer3
on 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
(0)
•••
PressRelease
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Post by
PressRelease
on Mar 27, 2024 9:30pm
New Press Release - Africa Energy Announces 2023 Year End Results
VANCOUVER, BC, March 27, 2024 /CNW/ - Africa Energy Corp. (TSXV: AFE) (Nasdaq First North: AEC) ("Africa Energy" or the "Company"), an oil and gas exploration company, announces financial and operating results for the year ended December 31, 2023. View PDF versionRob Nicolella, Chief Executive...
read article.
(351)
•••
Harel1976
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Comment by
Harel1976
on 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
(1)
•••
Gambrinus
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Comment by
Gambrinus
on 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
(351)
•••
Harel1976
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Comment by
Harel1976
on Mar 21, 2024 12:22pm
RE:RE:what i dont understand
common sense sais it should be figured out, the gas is there, the infrastructure is there, the demand is there and the economics are there..
(10)
•••
papaloapan
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Comment by
papaloapan
on Mar 16, 2024 8:42am
RE:what i dont understand
Unfortunately we don't know why 11b/12b is moving so slowly (if at all). I don't believe ant-fossil plays a signicant role, though. The country depends on coal, and gas is clearly
...more
(120)
•••
hikari
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Comment by
hikari
on Mar 16, 2024 3:45am
RE:what i dont understand
Pherhaps because for TOTAL this South African Orange Basin assets are much cheaper to buy, compared to the Orange Basin assets from CHEVRON, PANCONTINENTAL, GALP, SINTANA in the North in Namibia
...more
(351)
•••
Harel1976
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Post by
Harel1976
on Mar 06, 2024 11:07am
what i dont understand
is how the developement of luiperd is not advancing becuse of anti-fussil policy yet in the orange basin total recieved permit for 5 wells and completed a farm in to block 3b/4b just today..btw, total
...more
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