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 superoilhunteron Sep 18, 2014 5:33pm

355 Views

Post# 22949875

taken out back

and beaten like a red headed step child. All we know is in 12 -16 months.. 10 new basins will be drilled.. IF just 1 hits.. we double and so on and so forth with the math. Lockichar basin is locked up and worth more than todays stock price on any buyout.. plus you are getting the 10 basins for free. I brought all I could already... right or wrong.. i'm in big. and the value of AOI will be unlocked soon. I'm betting along side the Lundins.

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