Africa Oil Corp. T.AOI

Alternate Symbol(s): AOIFF

Energy Oil & Gas E&P

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime); Impact Oil and Gas Limited (Impact); Africa Energy Corp. (Africa Energy), and Eco (Atlantic) Oil & Gas Limited (Eco). The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Block 3B/4B covers an area of approximately 17,581 square kilometers (km2) within the Orange Basin offshore of the Republic of South Africa. The Company has approximately 17% interest in Block 3B/4B.

TSX:AOI - Post by User

Africa Oil Corp.

Bullboard Posts

Comment by superoilhunteron Jul 23, 2012 2:34pm

593 Views

Post# 20143240

RE: no panic selling

Why would one panic? AOI is already worth a lot more than the current share price... K.Hill moving to Kenya as of Sept , so he should be on ground zero and moving things along hands on. Kenya land package can not be duplicated again.. and AOI is holding the best parts.. no reason to sell at all for me.

As for HORN , AOI owns 37+ million shares of HRN... i'm sure there is a exit plan in place.. we are early in the game and it has been one hell of a rollercoaster ride. In the end... I believe we will be a lot higher than we are now.

Bullboard Posts

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