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.

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Africa Oil Corp.

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Comment by pennyoilkingon Jan 15, 2020 6:25am

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Post# 30554344

RE:Up Almost 20%

Tip of the iceberg up nearly 19% in Stockholm on Nigeria! However, EOG is getting bashed around after Tullow announces it is holding off drilling in Guyana this year and a small write down of future oil revenues from $75.00 to $65.00 per barrel expected in Kenya and elsewhere.

I hold some Tullow shares too! Obviously, that news is trivial at this point for AOI after the impact this acquisition made. But, let's keep praying it all adds up!

Way to go AOI folks!

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