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.

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Africa Oil Corp. > Impact

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Comment by toptigeron Jul 18, 2022 5:10pm

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Post# 34832725

RE:Impact

the initial venus well (2913b) will take the 60 million, and the 10-13 billion barrels would almost certainly include the other parts of "venus west" which almost certainly require more funding to get to 10-13 billion barrels, in block 2912 (with same partners

so very early days, but an amazing amazing prospect

for the other posters on here today (not papaloapan)......

i think there are some on here that think other oilers have better prospects than venus, like we are giving up other stuff to get involved.

cant imagine how much negativity people would be talking if venus was a miss,

get real and be grateful, i am

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