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Africa Energy Corp V.AFE

Alternate Symbol(s):  HPMCF

Energy Oil & Gas E&P
Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds a 10% participating interest in the Exploration Rights for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 19,000 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.


TSXV:AFE - Post by User

Africa Energy Corp > Pareto Research Update on AFE
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Comment by cjohansen76on Oct 09, 2022 11:55am
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Post# 35014793

RE:RE:RE:RE:RE:RE:Pareto Research Update on AFE

RE:RE:RE:RE:RE:RE:Pareto Research Update on AFENo, they have 1,400m shares out.  They farmed-out block 2b for a carried well and have not raised money since 2020.  The stock is up 60% this year in a terrible market.  Gazania drilling results and the Total gas agreement are coming any day now...
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