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. > AOI Short Position

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Comment by hikarion Oct 19, 2022 6:42am

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Post# 35033076

RE:AOI Short Position

from August only

Africa Oil Corp. (OTCMKTS:AOIFF - Get Rating) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 1,161,900 shares, a growth of 13.8% from the August 15th total of 1,021,100 shares. Based on an average daily trading volume, of 347,500 shares, the days-to-cover ratio is presently 3.3 days.

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