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.

TSXV:AFE - Post by User

Africa Energy Corp

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Post by Porphoriticon Apr 14, 2012 1:22pm

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Post# 19794442

Oil

The source rock of the main target is the Jurassic Uarandab shale. We can deduce from the Red Emperor resource report and the top of the Gabredarre top(~2703) that the depth of this source shale is buried between 2900 m(top) and 3602 m(base). Now, take a look at this diagram: https://open.jorum.ac.uk/xmlui/bitstream/handle/123456789/941/Items/S278_1_section3.html.

Yes, some gas will be present, as with any petroleum system! However, the shales have been cooked just right to sit in the peak of the oil generation window. The deeper, main target(Gabredarre), is likely to be filled with crude. Enough of this gas scaring tactic to obtain cheep shares.

Red Emperor Report - https://rmp.test.irmau.com/IRM/Company/ShowPage.aspx?CPID=1160&EID=75357026

Depth Calculations:

	Thick (ft)	Thick (m)	Cumulative Depth (m)	Reported (m)
Surface	0	0
	2000	609.7561	609.7560976
	600	182.9268	792.6829268
	2000	609.7561	1402.439024
	1350	411.5854	1814.02439
	2450	746.9512	2560.97561
	400	121.9512	2682.926829
Gab	650	198.1707	2881.097561	2703
Uar	2300	701.2195	3582.317073	2901.170732
Uar Base				3602.390244