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. > Town Hall

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Comment by papaloapanon Sep 07, 2022 4:16pm

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Post# 34947776

RE:RE:RE:RE: Town Hall

In my opinion, news must be released in a generally accepted method focused on broad dissemination, and town hall meetings are not that.

I expect the focus will be on clarification of already released public information such as prospects for further buybacks and dividend increases, expected size of Venus etc...

All good nonetheless. They were surprised at the markets reaction to the initial announcement of a dividend, and this will be an opportunity to say better days are ahead.

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Two micro-cap stocks with strong fundamentals