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. > What Is The Potential

<< Previous

Bullboard Posts

Next >>

Comment by Lonegaurdian19on Dec 31, 2021 7:49pm

197 Views

Post# 34275398

RE:What Is The Potential

There are two potential tie ins, I think it's like engina south and another. Total was waiting on the new petroleum agreement and license extension to commit capital to it. I believe both would be needed to maintain current production at the FPSO not necessarily increase it.

<< Previous

Bullboard Posts

Next >>

Three business reasons companies need to recycle e-waste