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. > kenia deal

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Comment by firstworldon Jul 30, 2022 11:44am

167 Views

Post# 34862214

RE:RE:kenia deal

The main difference is squirming an owner operator vs just equity. Waxy oil same as they are processing now. Two execs in Kenya now....these guys don't waste time on BS trip seems to be a final look see before deciding as the article states. Would be great to have a powerhouse Indian partner.

papaloapan wrote: Good find. Some good, some bad as to content. My concern is that it suggests slower progress on the deal than the last comments by the company.

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