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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.


TSXV:AFE - Post by User

Africa Energy Corp
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Post by superoilhunteron Sep 05, 2013 10:37pm
276 Views
Post# 21721804

based on what I've read...

based on what I've read...I'm thinking Lundins may be going into Namibia offshore..  Tullow just farmed in there yesterday .. things are cheap since HRT drilled a few dusters but its petro system proven .. the second largest offshore land holder ECO Atlantic is in the basin that HRT just confirmed oil and all the blocks they hold is on trend..  and they dont have the money to do anything..  Horn could issues 100 million shares and buy them out cheaply..  just trying to put 1 + 1 together after saw what Tullow did tonight.  ...Just thinking out loud and buying more.   
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Dealroom for high-potential pre-IPO opportunities