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. > Egina project

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Comment by firstworldon Nov 04, 2022 12:36pm

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Post# 35073540

RE:RE:Egina project

Shady company at best. Why no public release on the major miss re 2022 div earnings $200-400M they stayed earlier this year? The hilarious releases for few M share buybacks are a smoke screen. PUMP and DUMP wonder how may Aldo's got sucked in haha.

Malpeque2 wrote: Why would they give you a special divie when they can just PUMP the shares thru the buybacks and exercise their Phantom stock Units without having to report on the TSX or Stockholm that they are doing this and then SELL SELL SELL for a nice profit while the shares are high?

See the previous posts by some sharecounters yestarday.

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