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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 12groundpounderon Nov 06, 2022 7:25am
210 Views
Post# 35076758

RE:RE:RE:catalysts

RE:RE:RE:catalystsIf you took a look at reality African oil forming all the other oil companies latley . Proof is in the pudding and right now I'm sitting with at 40% return in the last short little while. it's pretty interesting that you were complaining about A stock outperforming everybody else. This is one by impact Project Company that has so many sticks in the fire That is the most balance of any company in the oil industry. Rick rule is a billionaire and he says African oil is the best commodity company with the most things going for it in the world. And this is the company that had no major monster investors which when recognized as premium will pay premium for rerating ,When we approach $2 billion -4billion they will pay premium which is what the biggies do especially when one or two dozen will be licking their chops. They look long-term and consider who has the premium asset .
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