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.

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Africa Oil Corp. > Fair Value?

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Comment by firstworldon Feb 07, 2022 7:17pm

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Post# 34406806

RE:RE:RE:RE:Fair Value?

No one with half a brain would invest 1BN in Canada or Kenya for land pipeline. Canadian indignious will hijack it while Kenya indiginous will steal oil from it like they do in Nigeria where super majors are exiting because of it. Copy Canada and let Kenya govt build it at 300 % of original estimate like Transmountain LOL....give them a royalty on bbl delivered not shipped. They can patrol the pipeline with military and armed drones to protect their income, like Canada should do and do with democracy protesters hahaha. Offshore is the safest place.

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