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 pjmcarlsonon Dec 19, 2012 10:43am

389 Views

Post# 20750325

RE: RE: RE: RE: RE: RE: RE: 6.50

To Skier and Versustrader. Call a truce! I think many are frustrated with the price action of AOI lately but we all enjoy reading about the facts and some speculation of AOI. Going back and finding out what someone invested in the last few years is kind of pointless if you don't know the purchase price or exit point, so Skier may have timed it right and made a lot of money. I also don't think Versutrader is bashing the stock, just giving his opinion. Guess their has to be a little balance. We actually don't know if the stock will go to $5.00 or $100.00 but hope is the latter as then we can all get along.

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