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 May 04, 2019 4:08am

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Post# 29710121

RE:RE:I bought more AOI today!

AOI can also add Kenya to the excitement list! Environmental approvals just opened the door for increased early oil production. Currently, 88,000 barrels have been trucked to the port. Next week is the oil conference in Kenya and the partners expect to be transporting 2,000 bopd to the port by then. The goal is to get another 112,000 barrels of oil to the port by the end of June. Then the first sale of 200,000 barrels will occur. That’s a lot sooner than other articles had been saying. Can we say, “Yippee!”?

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