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.

Bullboard Posts

Comment by superoilhunteron Apr 03, 2013 8:41am

471 Views

Post# 21203664

RE: RE: RE: end of March early April

uhh.. so boring waiting for news eh? Thank god my other plays have some stuff going on.

I intend on hanging on to all my shares until the final outcome in 24-36 months. Let them drill up everything and get a ballpark estimate on how much oil there is in all the basins.. then let them make a deal and sell. We will be holding shares of a supermajor in 3 years IMO once they buy us out in a share exchange. Sabisa news not out before Ngamia means one thing to me...hope im wrong! Ngamia is a given.. just how good will the flows be is the question ( did they ever fly in bigger pumps etc for the test) .. Good luck.

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