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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

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

Bullboard Posts
Comment by artie520on Mar 05, 2013 6:21pm
253 Views
Post# 21082962

RE: RE: AOIFF

RE: RE: AOIFF

I agree the article does have some valid points as expressed from the point of viewof someone who I believe  has a low level of risk tolerance who seeks safety above all else along with the  low to modest returns such investments typically yield. There's nothing wrong with any of that ,but that is not what this company or it's stock is all about. This is about the possibility of discovery and the potential for great reward while also assuming higher levels of risk. People considering this company's stock for purchase should understand that.

Bullboard Posts