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Africa Energy Corp V.AFE

Alternate Symbol(s):  HPMCF

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

Bullboard Posts
Post by EnergyHunter1on May 17, 2012 10:17am
383 Views
Post# 19920039

Something Doesn't Seem Right To Me

Something Doesn't Seem Right To Me

As some people on this board have posted before, there have never been so much good news surrounding one well. AOIs May presentation "Apparantly significant discovery", Range/Red Emperor "Landmark results", Puntland President in India "Oil in large quantites", and an email from from PL posted by a fellow poster earlier today. I could be way off the mark here I don't know, but it almost seems as if they knew they had to release news, with all the positive leaks of the past week, but for some reason feel required to be very guarded  and use their words very wisely. Could it have anything to do with the constitution?, or some other security concerns?. I really don't know, but this just seems odd. Any feedback would be appreciated. Thanks in advance. EH1.

Bullboard Posts