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.

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Africa Energy Corp

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Comment by Houndtraderon Aug 30, 2012 1:47pm

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Post# 20280499

RE: RE: HRN’s mystery

Seems the management of Range,had also good things to say about shabeel 1. They have found good quality oil rock,Ticked off box for derisk,so the north has been derisked. They found a good quality reservoir.They also mention a third site, has already been chosen,depending on the outcome from shabeel;s. They will need to discuss.

Its all said in the first fifteen minutes of play, and this dated July 4th.

https://www.youtube.com/watch?v=ze40OlVHNtQ

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