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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

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

Bullboard Posts
Post by superoilhunteron Aug 21, 2014 7:54am
441 Views
Post# 22863661

i'm a eternal optimist

i'm a eternal optimist

its all a guess, and it doesn't matter what we think or do.. we are just riding along with the LUNDINS and they have done it over and over and over again making billions.   Should the gods smile on us and AOI Opens up 4 basins, the Lundins will get us top dollar.. I believe north of 50/share.(more than 20 billion)    Hill keeps saying AOI is and will be the best play for the Lundin group so far!   Even worst case .. nothing else found ever.. stock is worth 13-15/share, that is why I have been buying hand over fist when the stock dropped under 6 here in the U.S. and contiune to buy as much as I can afford.  I been buying since 1.50 and I see great value at current prices.   There are no sure things in life.. but, sometimes you find something and your mind, gut and heart all say.. this is it...you have to take a chance after careful DD... see it before it happens .. thats where the money is made.

My Blue sky since day 1 when I brought at 1.5 affter looking at all the basins and real estate AOI holds.. and how the Lundins make magic happen..  I think its very possible AOI could hit 100/share at the endgame.   Sounds really crazy, I know! .. but not so crazy should AOI open up 2 or 3 more oily basins, get oil flowing to the markets and oil has a nice spike.  
Bullboard Posts