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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

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

Comment by firstworldon Aug 11, 2021 11:43am
139 Views
Post# 33684966

RE:RE:should see a long steady rise from here on out

RE:RE:should see a long steady rise from here on outThe great thing about Covid is that many countries are more open for busy ness than they were before, including all of the counties AOI is in. With the intl Afghan exist mercenary prices just halved making it easier for African coutries to suppress gangsters. Something Canada cannot do with FN mafia and eco terrorists who hijact the countries O&G and transport. Sad to say but Africa is preferred destination for most global O&G.
DAGUY wrote: Looking good so far. Wonder what the Q2 numbers will be like and how that will affect the stock?
More of the BRL should be paid down. Q2 on Thursday may give us more information on that.. Here's to hoping for good numbers again... Would be nice to be trading more than 3.3 times earnings. 



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