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 madmagooon Jul 27, 2012 4:27pm

669 Views

Post# 20160761

RE: RE: RE: another zone hit

this one is done for now. interesting that oil shows turned into water. hoping they can now turn water shows into oil.

well they only planned to drill two wells. now they are done what next, test the oil shows in the first well. obvious not that interesting otherwise they would have tested it by now or at least DST, seems odd to me.

next stop 50 cents.

Bullboard Posts

5 steps to mastering risk management in the stock market