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. > 20 days to EOQ and EOH

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Comment by gggggTDGreen05on Jun 12, 2021 10:11am

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Post# 33377559

RE:20 days to EOQ and EOH

Sit tight my fellow AOIFF investor... the press releases will come in clusters by the end of this month and into July. The share price I suspect will gradually rise from this summer into next year- with oil above $70 - I suspect hedging of $70+ for all of 2022 is likely in place or close.

https://allafrica.com/stories/202106080219.html?fbclid=IwAR39J2KSq97NUSJThxDa-9N8n15ybWM3Aikt7GTkzBCnrkwMzVR8GuofU0k

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