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 superoilhunteron Feb 21, 2013 9:03am

382 Views

Post# 21021365

RE:news

Execllent news on all fronts.. official new block just adds MORE value to AOI. Flow rates for Twiga are excellent, Namgia should be even better. We are on the way to becoming a Major producer.. or getting brought out. Eitherway, this is looking like a investment thats now very undervalued.. we are building a base after the monster run last year..and we should be ready for blast off again soon. Trying to justify daily moves are useless... sit back and let this grow, in 24-36 months.. you be wondering why you didnt buy more at 7! This is like buying apple after iphone 1 came out.. and at 10 bucks and we know what happen there...

Bullboard Posts

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