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 Dec 27, 2019 8:01pm

168 Views

Post# 30495841

RE:Only 4 trading days left until deadline!

Well that's simple! You already have a VERY undervalued value of the stock. The rest is just STUPID! $5 Billion Plus already found in Kenya that currently only produces 125 Bopd. Then the Massive Brulpadda discovery 1 Billion Barrels! Guyana 19% of a fat block with reserves that while heavy pay even more than light oil, Nigeria several firms bid and AOI won it ALL at the end of the game! $1.5 Billion. In otherwords, paying $1,5 Billion for a $5-10 Billion dollar asset is Massive! And Every Analyst Agreed

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