Africa Energy Corp V.AFE

Alternate Symbol(s): HPMCF

Energy Oil & Gas E&P

Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds a 10% participating interest in the Exploration Rights for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 19,000 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.

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Africa Energy Corp > Africa Energy Sees Exploration Well Fail To Hit Commercial H

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Comment by silverlinenson Nov 18, 2022 11:14am

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Post# 35110454

RE:RE:RE:RE:Africa Energy Sees Exploration Well Fail To Hit Commercial H

What?! This is my first post on this forum. FWIW, 60% is no guarantee. It does however lean in favor of some sort of discovery amounting to more than a few puffs of swamp gas. That and I said it's funny majors using the same tech can communicate 5-10% CoS and make a discovery. We have the unparallelled team of oilfinders?! What I want to know is where's this 60% coming from? More surprising is you being okay with this evident incompetence. Good golly.

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