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 bazilfawltyon Feb 07, 2022 11:07pm

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Post# 34407312

RE:RE:RE:RE:RE:RE:Fair Value?

I agree Loanguardian19

Kenya requires big pockets to get the Pipeline done and oil producing. Aoi is better serving their shareholders by having a steady revenue stream and a portfolio of susidiaries having %'s in Hot areas of exploration. If oil is found on properties they are involved in then that gives them options as well as with Nigeria off shore..." their Jewel ". They have tenticles out in Namibia South africa as you know.
They seem to have a nice forward looking plan for more revenue . Sell Kenya 200-500 mil.
Baz

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