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.

Bullboard Posts

Post by JB3729on Apr 10, 2012 9:27am

592 Views

Post# 19775004

2800 meters?

Copied from the AOI ihub board:

If you like to hear rummors (not confirmed!!), then here's one you'll like.

Poster on ADVFN, Volvo, bought in at $3.90, says he has Tullow contacts and taht Ngamia 1 is showing 280 meters of pay...

https://uk.advfn.com/cmn/fbb/thread.php3?id=21537951&from=229

......................basically Tullow have found an almighty amount of oil in Kenya, the drill is not grinding rock......but is showing a 280m column of oil..............there I've said it. Its massive.

He predicts news out this week.

Like I said, this is just one poster and a long way from official news - but he sure is excited...

True or not, I'm all in with AOI and HRN.

Best to the board,

dat