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 Nov 28, 2012 1:00pm

289 Views

Post# 20655595

RE: RE: RE: RE: RE: My notes from the Conference C

I guess everyone has there views, I don't believe for one second this was planned in advance of the sell off this time. The news was good,and I think it shocked many people the stock dropped. One way to stop the bleeding is to do a PP,but Non Brokered,Like I said, get it done, and give us results.Remember insiders had a chance to sell at the highs,an didn't. I know if I was an insider and had a chance to sell half my shares over $10.00 and buy again at $7.95 it doesn't take a rocket scientist to figure out the logic.

You must be one person left out of the PP.Sorry about that.

Bullboard Posts

Transportation technology stock secures second major contract in a week