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.

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Africa Oil Corp. > I think they need to take another look at there notes

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Comment by 12groundpounderon Oct 15, 2022 5:37am

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Post# 35026399

RE:RE:I think they need to take another look at there notes

It's hard to come up with a giant High reserve projects that have years of drilling for national companies that are they Are interested in. that's projects with thousand square kilometres they have some meat on the bones when you dig. Try to get a project like that you have to pay up and they will. If oil goes to $200 a barrel and it doesn't wanna be left total in the bag with no oil projects that can supply Their needs.

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