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

Comment by Chutzpahon Jun 08, 2018 5:28am

214 Views

Post# 28144271

RE:RE:If Vitol gets part of Petrobras Nigeria AOI will pop

Chutzpah wrote: Make sure to grab some Seplat Petroleum (UK traded as SEPL) and/or its largest shareholder Maurel&Prom ( traded as MAU in Paris) as well as they are biddig on those Petrobras Nigerian assets as well (with Glencore funding). Seplat is onto itself one of the biggest O&G bargains traded anywhere. I think Seplat stand better chances than AOI as AOI's consortium doesnt bring to the table any local Nigerian company like Seplat is. However I trust the Lundin's to bring in a good deal to AOI irrespective of if Petrobras sale is achieved or not for Vitol/AOI. So Im long AOI as well, its one of those things one will look in hindsight a years from now and knock ones head into a wall asking why didnt i buy / but more when I could at THAT price ??

of those things one will look in hindsight a years from now and knock ones head into a wall asking why didnt i buy / but more when I could at THAT price ??

why?

because i am a dumb Canuck and was chasing the last of the weed turds after the Mania had totally lost its hot air and was too blinded to see the biggest Bull run forming in its infancy right
before my stoned eyes

LOL

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