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.

<< Previous

Bullboard Posts

Next >>

Post by 5L4on Feb 24, 2022 9:07am

248 Views

Post# 34457322

"Mindblowing" new Upstream article

Don't know if news has hit officially yet but I can confirm they are going for appraisal possibly back to back. Rig meant to be heading back up to Walvis but question marks over move now I am told.
This mornings follow up from Upstream.
https://www.upstreamonline.com/exploration/-mind-blowing-totalenergies-namibia-discovery-could-hold-2-2bn-barrels-of-oil-at-minimum-/2-1-1173582

<< Previous

Bullboard Posts

Next >>

POET increases production capacity to meet AI demand