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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Comment by Houndtraderon Jun 21, 2013 3:43pm

186 Views

Post# 21556512

RE: RE: RE: RE: RE: Interview with James Phillips,

The biggest comment that struck me was they still have one more zone to test,and I assume, if they start from the bottom, that must mean, the top zone has still not been tested? Isn't this the zone where the oil flowed to the top. I wish they would test one well and since we've been waiting since last March, would have been nice to get the total flow rates for this well. Doesn't sound like we will get the top zone. So a little disappointed.

Have a good weekend, all they need to throw us something, we've been waiting a long time, to find out if its commercial or not.

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