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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Post by springisnearon Nov 08, 2012 10:42am

250 Views

Post# 20576297

New Here

hey folks. I am new here. Who are the reliable posters here and what is the short story here? high - low over the last year and why it dropped so low. where is it going and why? what is in the works? I am gonna do my own DD of course but would appreciate any insight from long-termers here. THANKS!!!!!!

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