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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
Post by smush74on Dec 11, 2012 12:01pm
237 Views
Post# 20713244

why all the speculation?

why all the speculation?

on insidersbuying and selling. Many of us had this stock when it was less than two bucks. So some are selling for what ever reason. Whether the sold at our high or even today they still made a good profit. The holidays are here maybe they want or need the cash, better than going into debt or slapping it a credit card. Maybe people have stop loses in place, we can come up with dozens of reasons. Fact of life for the market nothing has changed for AOI

Bullboard Posts