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

Comment by botched$on Jul 26, 2012 10:43am

339 Views

Post# 20154415

RE: RE: RE: 3600m TD

S-N has always had the stronger possibility of finding oil due to its location in the basin, People may be getting their head out of their a__ and realizing that the depth where they found water was not actually the target. . . they are within the target now and it has grown from 2000m to 3600m

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