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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 DAGUYon May 03, 2022 10:18pm
324 Views
Post# 34653574

Any guesses on first quarter numbers.

Any guesses on first quarter numbers.Hoping for a surprise, working with their numbers from the full year release, I am thinking around $150M before any non production costs come off. 

I get this from there 3 cargos already gone and 2 more by the end of the quarter, 1M barrels each, so half to AOI would be 2.5M. The first 3 look like 66.00 per, so if you use that number for all 5 i get $165M but that doesn't include the cost to produce which is like around 6.00


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