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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.
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Post by artie520on Dec 11, 2012 3:03pm
709 Views
Post# 20714829

Keith Hill , CEO-quoted this morning

Keith Hill , CEO-quoted this morning Comments below are attributed by Avanza Bank to Keith Hill CEO of Africa Oil this morning. This was posted to the Avanza AOI stock page in the form of the latest of three "telegram" comments@ 15:55 12/11/12: (translated from the original which was in Swedish)"Africa Oil is my single largest investment, And I still have just under one million shares in the company, and also significant equity warrants. As CEO of Africa Oil the periods when I can sell shares are strictly limited, and I had to sell some of these holdings for personal reasons, For this purpose, now was an appropriate time. Africa Oil will continue to be to be -by far- the largest holding in my personal portfolio, and I think there is big upside in this investment from current price levels"- unquote "link: https://www.avanza.se/aza/press/news.jsp?newsArticleId=N1951335&fromPage=newsModule
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Dealroom for high-potential pre-IPO opportunities