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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

Comment by firstworldon Mar 03, 2022 7:22am
175 Views
Post# 34478100

RE:RE:Hello $140 oil!

RE:RE:Hello $140 oil!I know I'm still up 80%. Have only had it.since it was 1.20. The SP makes no sense when junk like TCW trading at 3 for a profit of 20M on 500M revenue. Pretty sure it's just Algo and pobably a bunch of people unloading everything while the west throw a mega tantrum because they couldn't bully RU around by parking weapons on the front door in the hand of drug dealing human trafficking hillbilly rednecks LOL. Consider buying RU ETFs!
Hope4Best779 wrote: Except you won't be benefitting at Africa oil. You waited a decade for higher prices and management sold forward most production at $73. The best you can say is break the contracts. I don't know much about the oil market but I could certainly see higher prices.Down again in stockholm. I think its now lower than before the discovery in namibia. Says an awful lot about what shreholders think.


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