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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 Storckon Aug 28, 2013 2:52am
428 Views
Post# 21702731

RE:RE:Smart Swedish

RE:RE:Smart SwedishWhy is it that the thread for every exploration company, who's business is by nature a 10-20% chance game, has its own circus clown who has nothing to add but loves to play the 80% negative odds so he can look brilliant (in his own mind) when the inevitable failures occur? Do these clowns really think they are fooling the "speculators" who know full well the chances of success? Unfortunately for the lowly clown AOI is a bit past the raw exploration game now with discoveries large enough to initiate development studies. Now the clown can only entertain us with the dilution-warning dance, which is funny for about as long as a whoopee cushion and then becomes very tiresome.
Bullboard Posts