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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

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Comment by EGF30on Jul 22, 2012 12:33pm
239 Views
Post# 20139749

RE: Worth Posting-Aoi, hrn,Tullow

RE: Worth Posting-Aoi, hrn,Tullow

Morgan Stanley pointed out that Tullow has identified more than 100 additional targets throughout seven nearby basins, EACH of which has the potential to surpass ONE BILLION barrels of oil equivalent.

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