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 NgamiaSwedeon Oct 28, 2013 2:22pm

233 Views

Post# 21855099

RE:RE:Placement?

Google translate

"Now, however di.se tell that several of the banking giant Nordea funds subscribed for shares in the issue.

"We have for some time made a fundamental analysis of the company and has been in close contact with several representatives," said Nordea Press Officer Erik Durhan to di.se.

Nordea owns after the issue about 5 percent of Africa Oil. This makes the management company, the first Swedish institution that takes a larger stake in Lundin family new raw gem. According di.se's calculations is the invested amount of about $ 850 million. "

GLTA

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