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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 May 02, 2013 3:08am
262 Views
Post# 21328291

RE: IMF thinks Kenya oil finds commercial

RE: IMF thinks Kenya oil finds commercial

I think they just throwing out numbers,and I'm sure this oil commercialabilty has been known for months now. I still believe politics is playing a part in this as far as tax implications go. we have a knew government now, Just hope its not like Uganda. Don't think KH will wait six or seven years, to get some money back for all the work they are doing. Kenyans need to play fair, or lose the chance of getting to be a big oil producing country. imo Majors will think twice before coming,yet, the Kenyans talk like they want big oil companies in there country.

Bullboard Posts