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 Feb 12, 2013 1:30pm

372 Views

Post# 20975701

RE: RE: reservoir is better than we previously tho

Getting news releases, pertaining to words like bigger reservoir than we thought, is great news, but a news release in proper format from Africa Oil would be better news. I would like to see some flow rates. Why does Tullow only have flow rates in Uganda or their offshore props?,and they can't or won't give us flow rates for Kenya? It's been a long wait since last March to find out if Ngamia is commercial or not.I still believe they are holding back until elections are done, Just my view,but seems politics is playing a big part of no real news. Hope I'm wrong.

Bullboard Posts

Transportation technology stock secures second major contract in a week