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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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Comment by Houndtraderon Aug 30, 2012 12:17am
154 Views
Post# 20277730

RE: RE: Dusters

RE: RE: Dusters

Well one thing is certain, they have hit fresh water. I wonder if fresh water will be worth more to Somalia than oil, at this present time?

 

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Dealroom for high-potential pre-IPO opportunities