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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

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

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Comment by smarter_of_moron_idiot_imbecileon Aug 12, 2012 12:22pm
481 Views
Post# 20208800

RE: RE: RE: Negative results for Shabeel-North (re

RE: RE: RE: Negative results for Shabeel-North (re

 reposting my retraction here from the HRN board:

 

I agree this article is pure rubbish. Disregard it entirely after further review.

Her only statement of any substance is to claim they reached TD at 3500 feet, did the testing, and found no oil. Where did this info come from? It appears from all available sources the testing has not been completed as of this weekend. Apparently, someone sent her this story to attempt to get the rumor mill brewing and the stock price to go down as of Monday morning. She knows nothing about the content.

 

Best of luck to the longs here and hope there is some good news this week. Look at it another way, posting of a specious designed to look like a credible report may be an attempt by someone short to get out ahead of good news? Who knows who supplied this report?

 

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