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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 Lonegaurdian19on Aug 17, 2022 6:55am
147 Views
Post# 34901351

RE:At least AOI has a dividend policy

RE:At least AOI has a dividend policyIf Keith spent private jet money of his own on publicly acquired shares (whole reason of a buyback, undervalued shares) I'd respect him, will he do it? Why, he gets to milk the cow without accountability, why change and care? If he all of a sudden said "I beleive in this company and am putting every penny it paid me back into it" that would make sense given HE IS RESPONSIBLE for the buybacks that only make sense of he and the board think are prudent 
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