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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 Oct 27, 2012 12:25am
258 Views
Post# 20529849

RE: Rig

RE: Rig

November December have always been good months for oil and gas stocks. Hopefully people will be happy with the elections New President for next term, we always seem to get a Santa Claus rally, and just maybe Hrn will have some kind of deal signed just in time for Christmas. Aoi still owns 45% and most shares are @ 80 cents. I'm assuming they want to make some money on this one.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities