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 Houndtraderon Oct 31, 2012 8:41pm

448 Views

Post# 20547764

RE: RE: While I expected AOI to explode today

That's fine, let them accumalate,but I recall Keith Hill stated many months ago in his first presentation in Sweden, he would have to think about a $50.00 share price, if an offer ever came in effect.Also he mentioned if there was a hostile takeover, Lundin's would protect them.That was mentioned in Swedens first presentation,I wouldn't mind a bidding war, after its confirmed, we are worth much more than $50,00 a share.

I'm here til the end.Whatever comes first, we bring to production or whatever.lol

Bullboard Posts

Gold Flora's Gramlin holds court in California cannabis market