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.

TSX:AOI - Post by User

Africa Oil Corp.

Bullboard Posts

Post by Santanj2950on Dec 10, 2013 6:14pm

432 Views

Post# 21992034

My Dogs Getting Nervous

Because he see's me selling everything in the house. It happened as soon as the price went under $9. Yeah, it may go lower, not to $5 though. I look at it this way, Chandler is buying millions of $$ woth above $10. I just got an alert that RBC raised its target and several others that maintained their buy or outperfom ratings. I think the last PP we did may have been one of the smatest moves managment has made to date other than partnering with Tullow. Oh yeah, Tullow has some of the best geologist in the world. Then we have a 854 posting his BS. No brainer for me.

Do your own DD but Im following Chandler on the money side and Tullow on the technical. Did anyone really think they would hit on every well???

GLTA

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages