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

Post by freddahlon Feb 12, 2013 4:07am

558 Views

Post# 20972787

AFRICA OIL: LIKELY END INFO TWIGA TEST FLOW Wednes

Nairobi (Reuters) Africa Oil will likely release a press release on final test relevant flows the Kenyan well Twiga tomorrow, Wednesday.

It said the company's CEO Keith Hill told reporters on Tuesday in Nairobi.

In January, released preliminary results indicated that Parliament flows was 500 bopd per interval of Twiga well.

Africa Oil's which is Twiga is 50 percent. Operator is British Tullow Oil with the remaining 50 percent.

Keith Hill also said that Wednesday's press release could contain any kind of information or situational awareness around the Kenyan well Paipai where Africa Oil has an interest in 30 percent and where Tullow is the operator again.

Recently, Kenyan media reports claimed that gas found in Paipai.