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Africa Energy Corp V.AFE

Alternate Symbol(s):  HPMCF

Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds a 10% participating interest in the Exploration Rights for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 19,000 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.


TSXV:AFE - Post by User

Post by malinrobon Sep 24, 2020 5:08am
268 Views
Post# 31609816

Did we miss anything?

Did we miss anything?https://finance.yahoo.com/news/africa-undeniable-final-frontier-oil-220000556.html


The South African oil discovery

Africa Energy, a Canadian exploration company, said last week it had struck oil in an offshore block in South Africa with reserves that could exceed those of an earlier discovery made by Total. A month before the discovery, Africa Energy doubled its stake in the consortium, exploring the block to 10 percent. Total is the operator.

week should have been year or we missed some good news
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