RE: AOI/Horn Horn Petroleum was setup by AOI to simply make a takeover less complicated. No one is going to get screwd here. Keith Hill is the chairman of Horn Petroleum and knows what he is doing.
Just a brief history of Lundin/Keith Hill's other success stories.
The management team installed by the Lundins into Africa Oil Corp was the same team that engineered the creation, growth and eventual sale of Tanganyika Petroleum and Valkyries petroleum. Tanganyika started at a 55c share minnow in 2002, and was sold to Sinopec for $31.50 a share in 2008. Valkyries started at 45c a share in 2002, and was sold in 2006 for $16 per share. Not a bad track record for this team, and if anyone could orchestate monetising the oil in Puntland, these guys could.
And other companies..
Blackpearl (Keith Hill is a director)2002
.25c per share. Market cap $2m. Currently $4.34 per share Market Cap $1.24bn
Red Black Sold to Kinross in 2010. Current Market Cap is $9bn.
And obviously Lundin Petroleum.