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. > Cash

<< Previous

Bullboard Posts

Next >>

Comment by Suppe11on Sep 16, 2022 7:05am

221 Views

Post# 34966271

RE:Cash

Lonegaurdian19 wrote:
Stop showing the market your one of a few interested in majors divestments, you've worked with them they'll call ya.

I'm no expert, so just common sense...it doesn't work they way you implicate (= "you're needy, you pay more). This is running through Investment banks...f.e. Chevron wants to sell an asset...they tender the offer to investment banks (or they have their usual investment bank, they work with). The investment bank then should promote the offer to the market and tries to construct it like a tender = companies interested should make an (secret) offer.

Maybe I'm wrong, but I'm pretty sure, that KH is not phoning around asking for major assets.

<< Previous

Bullboard Posts

Next >>

From now on, dynaCERT instead of Bitcoin or NVIDIA?