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. > Next Catalyst

<< Previous

Bullboard Posts

Next >>

Comment by Ferryboyon Nov 25, 2021 12:18pm

209 Views

Post# 34165485

RE:Next Catalyst

In the Q3 conferenca call Keith Hill stated there was a Board meeting at the beginning of December. So I am hoping we will get an announcement on shareholders return of capital and maybe even an acquistion of a producing asset

Another thing KH mentioned when being asked about share buybacks was "liquidty" concern of some of the larger shareholders. Trading is pretty thin some days so I suspect we might not get buybacks for that reason ..although personally I would be in favour

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario