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. > the price appears that it is being controlled

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Comment by firstworldon Jan 06, 2022 1:27am

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Post# 34288017

RE:RE:RE:RE:the price appears that it is being controlled

So you're saying insider trading? Best case it's pump and dump given by the volumes and minimal price movement. Worst case it's insider trading in which case hope the Swedes get on top of because they send people to prison for than unlike Canada where it's a fun sport LOL.

EGF30 wrote: Algos maybe, but my old fart crystal balls started twitching non-stop since they paid off the corporate debt. I believe they have made a big aquistion and that is the reason for the high volume and no movement. Fat cats are loading up. In any event, all good and looking forward to my first AOI Divy how ever much it may be. GLTA.

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