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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 a 10% participating interest in the Exploration Rights 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 19,000 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.
see more
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Bullboard (TSXV:AFE)
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•••
FitInvestment
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Post by
FitInvestment
on Jul 09, 2024 2:37am
SeekingAlpha publised article on Africa Energy today
Very good read. Recommended https://seekingalpha.com/article/4703062-africa-energy-talks-with-insiders-what-is-next
(1)
•••
FitInvestment
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Comment by
FitInvestment
on Jul 08, 2024 4:16am
RE:Very good summary - calls with Mgmt and Insiders
This is important part of the article, together with statetments from Total There are positive signs — the new Democratic Alliance (DA) coalition government should be more friendly to business and
...more
Sparta's ERS First to Add Advanced A.I. Nanotechnology in the Recycling Stream
posted Nov 14, 2024 9:00am by
Sparta Capital Ltd.
-
|
"We are beyond excited about NeoSort. It has the potential to catapult the recycling process in a way we wouldn't have imagined just a few years ago. This nanotechnology can do something conventional recycling has been unable to master until now ...read more
(1)
•••
FitInvestment
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Post by
FitInvestment
on Jul 08, 2024 2:57am
Very good summary - calls with Mgmt and Insiders
Details of the conversations with the Africa Energy management, analysts and South Africa insiders. https://fitinvestmentideas.com/2024/07/08/africa-energy-talks-with-insiders-what-is-next/
(363)
•••
Harel1976
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Comment by
Harel1976
on Jul 06, 2024 2:49pm
RE:great news for afe
Sorry, 12.5% WI.
(363)
•••
Harel1976
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Post by
Harel1976
on Jul 06, 2024 1:11pm
great news for afe
"following government meetings total energies will stay in 11b/12b to advance the gas developement", PGS Meeting No.191 of 4 July 2024 (youtube.com) listen from 1.04. only instead of
...more
(14)
•••
papaloapan
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Comment by
papaloapan
on Jul 03, 2024 10:48am
RE:Could prove huge for afe
It could well be case of lemons to lemonade. The gas is there, and was deemed commercial after only drilling only 2 of 5 planned wells, and they submitted a development plans - presumably
...more
(363)
•••
Harel1976
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Comment by
Harel1976
on Jul 03, 2024 10:13am
RE:Could prove huge for afe
The upside will have to drive the price up!! A potential f.o will value atleast 1$ a barrel for afe, wether it will or not f.o doesnt metter, the upside must shrink.
(363)
•••
Harel1976
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Post by
Harel1976
on Jul 03, 2024 10:09am
Could prove huge for afe
Afe will soon have 100% of a world class block with estimated 1.5 billion boe.. Africa oil sounds excited to have net 49% WI, so its a new game. Political difficulties exosted total but the
...more
(226)
•••
hikari
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Comment by
hikari
on Jul 03, 2024 9:23am
RE:RE:Could south africa be the stupiest country in the world?
When even Total is talking about an exit from this block, it must be very fishy , delicate and / or difficult down there in South Africa.??? Is the SA Market too small or is the reservoir too
...more
(92)
•••
Suppe11
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Comment by
Suppe11
on Jul 03, 2024 6:34am
RE:Could south africa be the stupiest country in the world?
Total wants to quit too...Ng not commercia https://www.bloomberg.com/news/articles/2024-07-02/totalenergies-plans-to-exit-south-african-offshore-gas-finds?sref=f2E6A62x Afe would be finished then
...more
(363)
•••
Harel1976
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Post by
Harel1976
on Jul 02, 2024 10:02am
Could south africa be the stupiest country in the world?
Top 5 for sure... Afe could find itself with 100% wi in two of the biggest gas finds in the last decade, though i believe total wont give up the block.. Could be part of a deal to compensate total for
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Jul 01, 2024 2:01am
New Press Release - Africa Energy Announces Block 11B/12B Operations Update
VANCOUVER, BC, July 1, 2024 /CNW/ - AfricaEnergy Corp. (TSXV: AFE) (Nasdaq First North: AEC) ("Africa Energy" or the "Company") announces that CNR International (South Africa) Limited ("CNR") has provided notice to the joint venture partners that it will withdraw from its 20% interest in...
read article.
(363)
•••
Harel1976
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Post by
Harel1976
on Jun 21, 2024 1:46pm
Stock option incentive
Does anyone know what its about?
(0)
•••
PressRelease
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Post by
PressRelease
on Jun 20, 2024 5:00pm
New Press Release - Africa Energy Announces Annual Meeting Voting Results and Corporate Update
VANCOUVER, BC, June 20, 2024 /CNW/ - Africa Energy Corp. (TSXV: AFE) (Nasdaq First North: AEC) ("Africa Energy" or the "Company") held its annual general and special meeting of shareholders in Vancouver, British Columbia today (the "Meeting"), and all resolutions were passed. View PDF...
read article.
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