Africa Energy Corp V.AFE

Alternate Symbol(s): HPMCF

Energy Oil & Gas E&P

Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds a 10% participating interest in the Exploration Rights for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 19,000 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.

TSXV:AFE - Post by User

Africa Energy Corp

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Comment by creaturecomphorton Mar 07, 2013 4:15pm

149 Views

Post# 21096140

RE: RE: RE: RE: RE: RE: RE: RE: KH support

Hope you don't get indigestion.

Extrapolated the past burn rate. That included drilling. They stopped drilling. Now they are conducting a seismic acquisition campaign in the Dharoor PSA. Different crews. Different equipment. Not cheap.

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