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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
Bullboard Posts
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Comment by dhparon Jun 10, 2012 11:26am
452 Views
Post# 19997278

RE: Looks like PP posted

RE: Looks like PP posted

Interesting. AOI took only 23%...

I wonder if they will charge the 5% finding fee on these 23% as well - thieves...

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities