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.

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Africa Oil Corp.

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Comment by Houndtraderon Feb 18, 2013 9:01pm

328 Views

Post# 21007100

RE: RE: RE: Think it has more about Taxes

I can't believe some of these countries governments. For years, they have had nothing. People have been poor,and now the government has a chance to possible get rich for their people and there countries, and they bicker over who's going to get the larger piece of the pie. The poor in the end, will still have nothing, as far as I'm concerned. The greedy always seem to get greedier,and end up with the biggest piece of the pie.Every country should be responsible for looking after there own people.

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