Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Oily_10on Apr 15, 2013 10:37am
411 Views
Post# 21254406

RE: RE: RE: HIGH LIKELIHOOD OF SAND SABISA CONTAIN

RE: RE: RE: HIGH LIKELIHOOD OF SAND SABISA CONTAIN

There are 6 zones of testing of which 5 are in upper lokhone sst. The highest risk zone is lower lokhone sst which has been derisked to flow 281 bpd on constrained equipment. Bearing in mind 492 bpd yields 1.8kbpd for one of the zone in twiga? This lower lokhone sst can possibly flow 1kbpd on optimized equipment. This adds to the 3 zones already derisked in twiga which can flow 5.2kbpd on optimized equipment. So this leaves us with >6kbpd with two more zones untested? In addition, this well is drilled at the apex which prob has higher reservoir energy I.e. higher flow rates.. If we assume another 1-1.5kbpd in the untested 2 zones, a single well can almost flow >8-9 kbpd? Definitely commercial in my view.. 

Bullboard Posts