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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Post by Houndtraderon Mar 08, 2013 5:57pm

389 Views

Post# 21102796

Pipelines Mentions

Forgot to mention about the pipelines.To build interfracture in Kenya they planning to spend, 27 Billion Dollars. Not many investors,at this time, and Africa Oil, will work on getting there own oil to market. I believe he said, there was a pipeline, that runs north and south across Twiga,and would benefit Uganda and Kenya to use this one. Maybe someone else can talk about this pipeline.Was he talking about the one that goes to mombassa or the coast? Never went back to look it up in presentation.Just for KH to mention they will be responsible getting their own oil to market. Is good news in my mind.

Tired of reading, talk to you all next week.

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