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

Comment by justwinon Jul 12, 2012 10:07am

242 Views

Post# 20106255

RE: RE: RE: sweet spot hit - more rumours

Hopefully the SP will drift down as the rumours extend without being confirmed.

Which also means could be last cheap buying opportunity under 1.60.

I hope.

The 250M barrels "allegedly" in the first hole and a hit in the 2nd hole 5K away will have every oil deposit calculator on the planet on fire for weeks.

Bullboard Posts

Canadian artificial intelligence ETFs