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 Jan 06, 2014 1:20pm

570 Views

Post# 22062255

RE:RE:RE:RE:Barrels

dreamwaverider,
And this is only Lokichar! In one year there can be 2-4 new basins open. You know, when they have drilled 7 wells in Lokichar the netmeters should be on top of Uganda and Uganda holds 1,7bn. And not a single apriasal at this point. This is the facts, this is now. Analysis has not keep track due to the cashproblems before, but after the last PP they all start to get a grip. If one likes to beat them before you see the new ones this is the time. By march the sp is in a new tradingrange.
Best regards

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