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. > Seen this before

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Comment by firstworldon Mar 01, 2022 2:44pm

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Post# 34472179

RE:RE:Seen this before

Glad I dumped the 30K shares I bought two weeks ago at 2.20ish in the 2.85+ range. Should have dumped it all haha.

Bought it all back this AM. Love algos they are so predictable.

Snakebite18 wrote: Missed the conference call, but IMO as well, just need to weave there way through the uncertainty that is floating around these days. As far as I'm concerned, pretty safe play here. Up and down action, fine by me. Playing the long game will pay off. Just look what they've done already in the past year alone when oil prices were down.

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