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.

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Africa Energy Corp

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Post by Illuminati1on Jun 07, 2013 10:44am

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Post# 21497471

Somalia - Kenya Oil war in the offing

07/06/2013

THE INDIAN OCEAN NEWSLETTER N°1357

SOMALIA/KENYA

An oil war in the offing

The Somalian government decided on June 7 to extend the country's territorial waters to 200 nautical miles and chose a line lying at a right angle to its coast to mark the maritime boundary with Kenya. (...) [187 words]

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