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 17, 2017 1:49pm

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Post# 26255748

RE:RE:RE:RE:RE:Emekuya Discovery

Another juicy tidbit! Originally, the JV had planned on drilling between 4-8 wells in this period. After, the Erut hit they promised 5 wells. After, the hits at Amosing and Ngamia that extended both fields they promised 7. After this huge new field hit they are now promising ALL 8 AND the water flood work!! They are drilling these wells in record time too! Wouldn't surprise me to hear that they increase the drilling even further. At some point a major oil company is going to wake up to what AOI has found!

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