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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 Timbitonewbieon Jun 17, 2017 11:53pm
183 Views
Post# 26374895

RE:RE:RE:RE:Load up

RE:RE:RE:RE:Load upI am not much a chart guy as I dont believe they really can tell a future story but if you were to believe the charts AOI is due for a SP spike. Looking a this company it has its waves. I honestly have been loading up. This company has alot of good prospects. Last company I was in was IAE and it definitely was a riskier business with less reserves but did okay on it. This little gem is waiting to be found. Honestly do not feel that enough people are aware of the developments happening Africa and the long term development growth happening there. Africa is like a untouched part of the world for resources as they seriously havent been explored or mined. That is changing and in a couple years this company could stand to do well! Definittly not a short term stock here. Time to start accumulating shares
Bullboard Posts