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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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Comment by Yemenon Apr 19, 2012 2:28pm
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Post# 19813388

RE: RE: RE: Partner Red Emperor says something in

RE: RE: RE: Partner Red Emperor says something in

The only reason that Conoco abandoned the hole in the early 90's was because of the political upheaval and from what I understand they grabbed whatever they could got the heck out of there in a hurry.

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Dealroom for high-potential pre-IPO opportunities