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. > Production & Operations Update

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Comment by Ebenizer3on Jan 18, 2023 11:48am

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Post# 35230764

RE:Production & Operations Update

the Tungsten explorer has been sitting in Las Palmas, Gran Canaria since 1/08. but AOI states the Venus appraisal well won't be drilled till the end of 1st quarter??? Waiting on materials repairs???Africa Oil management expect the appraisal drilling work on the Venus discovery to commence by end of first quarter 2023. I believe Total Energies also waiting on the West(Deepsea) Mira which is up off Norway being worked on and expected to be on station around May. Looking for news possibly any day now on Shell's Jonker-1.

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