Africa Oil Corp. T.AOI

Alternate Symbol(s): AOIFF

Energy Oil & Gas E&P

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

Africa Oil Corp.

Bullboard Posts

Comment by trader3000on Oct 15, 2012 10:37am

332 Views

Post# 20483897

RE: perspective

Hey soulfire,

Of course we factor in the risk but there is more than one well to drill, in fact there are many many targets. That is the risk of investing but we are here to see a company be built. We believe in management and we are here for the long haul. davidhiggins and SocialMediaKing are here to try to get us to sell. There will be ups and downs but we are here because we believe the price will be higher in a year than today. Quite frankly I can't care what those two have to say because this board is here to share info and yes to keep all us investors positive.

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