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. > AOI Webinar Wednesday April 6 18.00 CET

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Comment by Ferryboyon Apr 06, 2022 11:11am

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Post# 34580562

RE:RE:RE:RE:RE:AOI Webinar Wednesday April 6 18.00 CET

On the last call Keith Hill stated that the Kenya deal could be "worth at least $1/share, probably more". The May date (May 10 I believe) is the date by which the Govt of Kenya needs to approve the deal .. surely to God they won't screw it up again

Hill also stated that AOI was "agnostic" to cash or a carry. I think most of the suspects who post on this board would prefer the cash. I had not really thought about a farm down to 12.5% until it was metioned here .. maybe that is the best of both worlds

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