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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
Comment by Public_Heelon Jul 28, 2016 8:54am
160 Views
Post# 25091065

RE:RE:RE:RE:RE:pipeline

RE:RE:RE:RE:RE:pipeline
""So you are here why?   To save investors and get a prize for heroics?""

Your question implies that only people who are positive about a stock should post on bb's like
this. Imagine, nothing but blue sky here! That's why so many inexperienced investors lose their
shirts on such stocks as this. Back when AOI was at $10, if you'd posted anything the least bit
skeptical on this board you would have gotten the same tired old "why are you here" response.

If you read back to the beginning of this thread, the poster seemed to think that, just because
the partners were making happy noises about having a pipeline someday, that the pipeline
issue had been solved. I don't think it has, and neither does the market.

I am still very interested in AOI, because of the Maersk buy-in. I keep looking to see a firm
indication that AOI/Tullow/Maersk will still salvage value in what could easily be a billion-
barrel deposit.

As for putting me on ignore, is that supposed to be some kind of punishment? lol
By all means, do. I don't need to see responses from stupid people every time I post
something.
Bullboard Posts