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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
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Post by smarter_of_moron_idiot_imbecileon Aug 27, 2012 11:00am
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Post# 20264100

misleading information

misleading information

[i] Reported that S1 had good oil shows, moving to SN and coming back to test S1

 

[ii] Then KH says 75% chance of commercial oil find with first two wells

 

[iii] Lots of delay, then testing reveals NO oil

 

[iv] Then, not even bothering to test S1

 

Kinda makes you wonder if you were being led on doesn't it?

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