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.

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Africa Energy Corp

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Comment by Houndtraderon Jul 09, 2012 12:30pm

364 Views

Post# 20094883

RE: RE: today could be last chance

I would rather wait for the testing to be complete in s1.They drilled the north for a reason.Hopefully we hit oil in the billions of barrels and once the warrants kick in, it won't have a large effect on the stock price.

Just hope politics is not holding us back from results.

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