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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.


TSX:AOI - Post by User

Africa Oil Corp.
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Post by KLunsenon Jan 17, 2012 3:13am
422 Views
Post# 19410825

Drilling Commences in Puntland, Somalia

Drilling Commences in Puntland, Somalia

Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE:AOI)(OMX:AOI) is pleased to announce the spudding of the Shabeel-1 well on the Dharoor Block in Puntland, Somalia and, operator, Horn Petroleum Corporation, is currently preparing to drill ahead to a total planned maximum depth of 3800 meters. Drilling operations have also commenced on the Shabeel North-1 well with the setting of the 30 inch surface casing and the drilling of a 50 meter pilot hole. Please see attached photos. Africa Oil holds a 51% equity interest in Horn Petroleum.

https://www.marketwire.com/press-release/africa-oil-corp-drilling-commences-in-puntland-somalia-tsx-venture-aoi-1607131.htm

Photos associated with this press release:

https://media3.marketwire.com/docs/ao116.pdf

Mvh / K-Lunsen

 

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