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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

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

Post by Snakebite18on Mar 01, 2022 11:26am
252 Views
Post# 34471247

Nice read

Nice readFull convinced everything will be fine. Just a knee jerk reaction to todays news. Way to much upside  still here. As far as I'm concerned pullbacks are standard. Nothing wrong with a little up and action, it's the ones that flatline I'd be more worried about. Not a expert, but I personally haven't seen anything to say even remotely that there's " trouble in paradise ". Seems to be nothing but day trader mentality floating around, not to hang in there. Typical blog site shenanigans. All will fine. Just my thoughts. https://seekingalpha.com/article/4484339-africa-oil-corporation-generate-shareholder-returns
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