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. > Value of Venus

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Comment by Suppe11on Feb 10, 2023 5:19pm

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Post# 35280750

RE:Value of Venus

If you meant me...I didn't say it has no value...I said it remains to be seen, if fhey can get it out of the ground. And if they could get it out of the ground (in 3-5 years)...if someone is willing to pay big money to Impact now/this/next year.

Ah, I forgot....300m net to Total ? I guess Impact needs more money...guess, who will be asked for more money ?

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Two micro-cap stocks with strong fundamentals