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 pennyoilkingon May 13, 2017 6:52pm

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Post# 26241304

RE:RE:RE:RE:AOI should be drilling Emekuya by now

If you have been so deeply entrenched for so many years then you would understand! All time high in the stock price is about $12.00 Canadian. There were then placements done by the Lundins and others at $7.75 which ticked off the market! The Lundins will NOT sell for less than the previous high and then all of the work that has gone into it! Hill said years ago that $5-6 billion would be a potential buyout price! That was when oil prices were higher but they will surge again soon and we have found a ton more oil and gas since then! But you are welcome to sell at a lousy $5

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