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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

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

Bullboard Posts
Comment by AnMaron Nov 27, 2012 1:20pm
232 Views
Post# 20650196

RE: Top10 Things KH needs to learn....

RE: Top10 Things KH needs to learn....

Never pass up a good chance to keep your mouth shut - should have been #1. A while back at one of the recorded shareholder meetings (can't recall which) he jokes that AOC could afford to give up a larger percentage to the government but not to tell them that (he should have been sent back to Vancouver after that); interesting, now they want more - go figure. His credibility is down to about a 2 or 3 out of 10 for me now.

 

AOC will be a winner in the long run, I just wish they were a little more forthcoming with drilling progress information; perhaps a weekly drill depth report on their website or something of that nature would help alleviate some of the volatility that is only beneficial to the insiders in the know, the rest of us just get jerked around.

 

 

Bullboard Posts