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.

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Comment by rogueeconon Mar 26, 2014 2:53pm

351 Views

Post# 22371328

RE:RE:RE:Why

No one has ever explained to me how chart-scrying can divine the future either. Or, can the chart of a firm's historical share prices either create or annihilate hydrocarbons in the ground? Seems like another of the myriad forms of superstition that rear their heads as a result of humans being uncomfortable when dealing with uncertainty. "What does TA have to do with an oil exploration company? Are you saying we will be up, up and away even if AOI hits nothing but dust from now on, or that TA charts put oil in the ground where there wasn't any" - aucontrairenow

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