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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.
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Comment by pennyoilkingon Feb 10, 2019 10:30am
145 Views
Post# 29343543

RE:AOI is gonna get busy soon!

RE:AOI is gonna get busy soon!Somewhat timeline for this year...
Feb. 28-Updates from Keith
March-News on Kenya FID and hoping to close Nigeria deal.
April-Begin 3D seismic off South Africa on Western section on Blocks 11/12 including Brulpadda.
May-Ready for Eco Atlantic spud Guyana 
June-Results from first Guyana well and possibly deal with Exxon 
July-Spud 2nd Guyana well near the big Hammerhead discovery 
August-Results 2nd Guyana well and possibly sale of Eco Atlantic 
September-3D results from Brulpadda and where to drill next 
October-Spud of Venus 1 monster prospect Namibia 2 billion barrels potential 
November-Spud of 2nd well near Brulpadda
December-Results of Venus 1 well and hopefully a $12.50 US per share bidding war begins 

All just guessing! We are expected to sell the first batch of Kenya oil in June or so 
GLTA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities