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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 Houndtraderon Mar 06, 2013 11:23pm
273 Views
Post# 21091853

RE: RE: RE: RE: RE: In a statement the company sen

RE: RE: RE: RE: RE: In a statement the company sen

Yes, I believe the Kenyans said results would be out tomorrow,and not later than Friday. Hopefully someone takes it over that 51%,wouldn't want to wait til April for a repeat.I'm also thinking about the 4 month hold period on the last PP which would also bring us into April date sometime to excercise that right. If they who participated would want to make there money back, they won't be doing it from this price today. It's a close race so far, but from what I've been reading Odinga is getting many of his parties in many areas,even though he is down in the polls counted so far.

 

Bullboard Posts