RE: RE: AOI Valuation skier59, the big thing you are forgetting is AOI is in Kenya, Somalia and Ethiopia - last time I check, those are countries prone to terrorism and political instability so the more oil AOI finds, they suddenly become a bigger target for special interest groups, enjoy the ride while it last. Namibia on the other hand is considered one of the best African countries for doing business in and is recommended recently by a Seeking Alpha article as one of only 2 West African Countries (Ghana is the other) for investing in offshore oil without high risk of social unrest and political violence.