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

Bullboard Posts

Post by botched$on Jul 18, 2012 11:35am

357 Views

Post# 20126039

drilling speed

just to update drilling speed, we've been drilling at 44.58m/day since the spudding so should drill through the final 433m to reach TD approx on July 28th.

To be conservative you can push that back a day or two to give time for testing of the pot net pay of 50m.

Bullboard Posts

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