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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

Comment by firstworldon Oct 24, 2022 9:17pm
145 Views
Post# 35045482

RE:RE:RE:RE:RE:RE:Norway in danger of Russian energy attack

RE:RE:RE:RE:RE:RE:Norway in danger of Russian energy attackMaybe though RU energy profits are up 400%,UA has lost 70% of electricity and will soon have no gas, and EU is in the hole 4 TN on welfare, weapons and lost business LOL. No sense to expend troops and equip when can freeze and starve them out just like they did to German Nazis haha. USA and NATO too scared to put boots on the ground in Taiwan and UA...they only like to bully tiny 4th world countries. RU even kick their butts in Syria haha. No one takes them remotely serious after Afghanistan failure. We'll ee how they all do when the 9000 kph hypersonic missles with multiple multi ton kinetic warheads flatten Kiev decision centres in 5 sec. They have already taken out 90% of Nazi supporters weapons long before they hit black markets and front lines. I dumped all my ALA shares that I swing traded three times in three weeks for 12 % gain. I dumped them today when I learned that LNG tankers are backed up at European LNG ports with up to 15 sitting offshore at a time at USD 400K day haha. I will make a trip to UA ( which is 90% men now) to buy black sea property in Feb. Should be able to get 2000% profit in 4 years especially if RU running the show.
Lonegaurdian19 wrote:

One thing America does well is we rarely lose battles, wars sometimes. But what Russia failed to learn is to know when they're beat, thus they are now losing both battles and the war.

Why that matters?

-Russia  ran out of poor and criminals to fight, that never works well

-oil production requires tech from all over the world (from uniquly experienced folks, to chips for the computers to monitor things) it will decline

-they are now beholden to India and China who buy at a discount, cuz they can

-Russian arms export market just vanished, good luck selling arms that don't work 

-Russian brain drain has happened already, take a look at rent in the most populous cities. Smart rich men fled or are being shelled in Ukraine

good luck



 



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