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. > Share Buyback

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Comment by firstworldon Dec 07, 2022 4:00pm

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Post# 35157333

RE:Share Buyback

Very Sketchy releases - fist divs were released then they stopped out of the blue now buy back releases stopped out of the blue - talk abount complete disrespect for SH.

Glad I dumped a bunch to beef up my position in VLE for .92 thats now trading 1.60 - 1.80 for the same 25K bbl day only with hands on the $30M day unlike AOI at the mercy of Prime.

I will buy back the sold AOI when hits 2.45.

gggggTDGreen05 wrote:
Interesting that we have not seen the weekly press release on progress of share buybacks. Perhaps there is some type of blackout period going on? Meaning news is immenent?

But thought buybacks would not be subject as a 3rd party is doing all share buy backing.

whatever is going on, I hope they are buying shares at this low levels and hope we hear something soon.

TDGreen