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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

Post by DAGUYon Sep 15, 2022 6:53pm
237 Views
Post# 34965686

NCIB

NCIBFrom the Town Hall, Keith mentioned they may not (or did not) have to issue notice about the NCIB being in place as they already announced it happening. I can't remember how long they said i took to get approval but it could already be in place maybe (forget how long).. Something we may not know about until 3rd quarter numbers and discussion if they provide how many shares they bought. 

Wondering if that could be why it went up quite a bit last few days until today. 

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