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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

Bullboard Posts
Post by EGF30on Aug 23, 2012 4:34pm
269 Views
Post# 20253848

It would be nice to see an updated KH Presentation

It would be nice to see an updated KH Presentation

As KH said, "We expect the next 18 months to be transformational for the Company as we will continuously drill high impact exploration targets." AOI looks poised to become an even bigger market darling than they are now and be succesful long term. Hopefully HRN will do what they expect and be a big part of that transformation. Having said that, it would be great to get a new updated presentation from KH outling what to expect heading into the end of this year and into next. When KH talks, people listen.    

Also, there seems to be alot of those here that are convinced that both wells are dusters. Judging by the share price, not easy to argue with that. There is also alot here that are convinced that both are big hits. With everything going on (and not going on) of late, I find myself in the middle crowd that still has hope, but if one or both are dusters, I will definitely be holding and looking forward to a chance at success at Nugal. As a few have said, the Lundins are not about to let this big fish get away easily. If nothing else, it is comforting to know that we are in with the Lundins and Tullow. GLTA.       

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