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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 toptigeron Jul 09, 2022 6:29am
172 Views
Post# 34812575

RE:Re: Open Letter authored by Talmage Adams

RE:Re: Open Letter authored by Talmage AdamsAnMar,

you are completely and utterly wrong, and i dont think any aoi shareholders would ever agree with you.

Dont buy into other companies ? without doing that we wouldnt have the great exploration assets we currently have. we would not have venus, afe will add significant value and eco will find their feet. eco to me are the worst, but still good, but the impact deal, with their assets ? are you also including the prime deal in this ? 

remember before we just had kenya, which would be awful right now if thats all we had.

keith is an outstanding explorer and geologist, but the 2 main areas of concern are the lack of buybacks and hedging, one has prob been addressed and the other will, just hope he isnt behind the curve on buybacks.

HAS to be done before end of year venus appraisal, though you would think if he had good timing and anticipated all of this, he would have the ammunition NOW.

Any of our triggers can push us way north of $3, so it needs to be done now.

I think like us he trusts the mkt far too much to give us the correct value. He should force them to
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