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Bullboard - Stock Discussion Forum
Africa Oil Corp.
T.AOI
Alternate Symbol(s):
AOIFF
Energy
Oil & Gas E&P
Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies...
, including Prime Oil & Gas Cooperatief U.A. (Prime); Impact Oil and Gas Limited (Impact); Africa Energy Corp. (Africa Energy), and Eco (Atlantic) Oil & Gas Limited (Eco). The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Block 3B/4B covers an area of approximately 17,581 square kilometers (km2) within the Orange Basin offshore of the Republic of South Africa. The Company has approximately 17% interest in Block 3B/4B.
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Company Website
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Bullboard (TSX:AOI)
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(226)
•••
hikari
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Comment by
hikari
on Jun 24, 2024 5:27am
RE:New Press Release - AFRICA OIL ANNOUNCES AGREEMENT TO CONSOLIDATE THE REMAINING 50% INTEREST IN PRIME
I think it is and can be a good move. First The Brazilian Investment Banker have witnessed the raise of Petrobraz, which became one of the biggest oil companies after discovering the deepwater oil
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jun 24, 2024 2:30am
New Press Release - AFRICA OIL ANNOUNCES RESULTS OF SHARE BUYBACK PROGRAM
VANCOUVER, BC, June 24, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that the Company repurchased a total of 1,081,800 Africa Oil common shares during the period of June 17, 2024 to June 21, 2024 under the previously...
read article.
(0)
•••
PressRelease
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Post by
PressRelease
on Jun 24, 2024 2:01am
New Press Release - AFRICA OIL ANNOUNCES AGREEMENT TO CONSOLIDATE THE REMAINING 50% INTEREST IN PRIME
Transaction consolidates ownership in core cash generating assets and brings in a new strategically aligned cornerstone investor, enabling enhanced shareholder returns and a materially stronger growth propositionVANCOUVER, BC, June 24, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil...
read article.
(92)
•••
argaiv
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Post by
argaiv
on Jun 23, 2024 4:08pm
I Have Been Around
Since about 2010, and I blew my opportunity to sell this when it was over $9 US. Two people told me it ouwld go to $60, and it did not. Oh well I am still holding my shares.
(92)
•••
argaiv
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Comment by
argaiv
on Jun 23, 2024 4:03pm
RE:RE:RE:SEE YA AOI AND HELLO CNQ
EOG.v has potential. It is not worthless.
(92)
•••
Suppe11
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Comment by
Suppe11
on Jun 22, 2024 1:31pm
RE:RE:SEE YA AOI AND HELLO CNQ
Easy to answer: Their vision is to get salaries and freebies until retirement. The future of Nigeria: Always declining and Namibia will make up for it. Eog is worthless...better to wait for chapter
...more
(94)
•••
firstworld
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Comment by
firstworld
on Jun 21, 2024 10:30am
RE:RE:SEE YA AOI AND HELLO CNQ
There is no motivation to do anything? BoD is already massively over compensated for cash flow and performance achieved. Better to do nothing. Collect the options, bonuses, six star perks
...more
(14)
•••
papaloapan
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Comment by
papaloapan
on Jun 21, 2024 6:35am
RE:SEE YA AOI AND HELLO CNQ
Been here for just as long. E&P, especially the wild cat frontier stuff, is inherently long term, but seems to me they have become ineffective at communicating - and updating - their vision
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jun 17, 2024 2:01am
New Press Release - AFRICA OIL ANNOUNCES RESULTS OF SHARE BUYBACK PROGRAM
VANCOUVER, BC, June 17, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that the Company repurchased a total of 1,244,300 Africa Oil common shares during the period of June 10, 2024 to June 14, 2024 under the previously...
read article.
(37)
•••
EGF30
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Post by
EGF30
on Jun 12, 2024 4:00pm
SEE YA AOI AND HELLO CNQ
Over the past weekend I went ahead to make the ‘Final Divestment Decision’ (FDD) and rid myself completely of the last AOI I owned putting all proceeds toward CNQ. After 12 years of riding the
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jun 10, 2024 2:01am
New Press Release - AFRICA OIL ANNOUNCES RESULTS OF SHARE BUYBACK PROGRAM
VANCOUVER, BC, June 10, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that the Company repurchased a total of 994,000 Africa Oil common shares during the period of June 3, 2024 to June 7, 2024 under the previously...
read article.
(94)
•••
firstworld
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Post by
firstworld
on Jun 07, 2024 8:47am
Liquidated
Dead money here for a few years. Last 200K shares stopped out this week just as I was contemplating dumping this dog, which I had since 1.20. Bought more ENCL for that nice 17% div paid
...more
(138)
•••
tdon1229
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Comment by
tdon1229
on Jun 06, 2024 9:06pm
RE:A LITTLE MORE AFRICA OAK ISLAND BITES THE DUST
EGF, AOI does not control the number of lifts nor the timing which result in the dividends to Prime, so it cannot commit to increasing the regular dividend. However, if the opportunity presnts
...more
(37)
•••
EGF30
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Post by
EGF30
on Jun 06, 2024 12:14pm
A LITTLE MORE AFRICA OAK ISLAND BITES THE DUST
Weeks later I still cannot get over this management’s team attempt at deceiving investors by knowingly putting in a reference to a ‘Special Dividends’ that I perceive and believe to be a misguided and
...more
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