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. > Last 3 lifts

<< Previous

Bullboard Posts

Next >>

Comment by firstworldon May 31, 2022 9:15am

175 Views

Post# 34719528

RE:RE:RE:Last 3 lifts

Meaningless if the profits don't reach shareholders because coked up Canadian bod want to build an African empire where centuries of great corps from powerful nations have failed, in a region where majors are exiting. The last $25 M prime div was an insult.

Lonegaurdian19 wrote: Weird, yup yup 3rdworld,

last 3 cargos yielding $.30 usd for the quarter is the reason I'm holding. Average oil co is trading at 5-7x PE. Conservative $1.00 P/S means without the sum of the parts things are looking up

<< Previous

Bullboard Posts

Next >>

High-growth stock Happy Belly opens first Rosie's Burgers in Alberta