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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 firstworldon Aug 24, 2023 3:52pm
288 Views
Post# 35604266

RE:RE:RE:RE:RE:Venus discovery may be biggest ever deep-water find

RE:RE:RE:RE:RE:Venus discovery may be biggest ever deep-water find
Suppe11 wrote: Ahh...suddenly an Africa fanboy ;-). I'm pretty sure, half the Namibian politicans working on a possibility, to lure the big boys into the development and change the rules afterwards (higher taxes, direct interest in the prospect without costs). Weren't the majors desperate to rotate out of third world country, if they're not already pot comitted ?

Agility is the #1 quality of Champions thats why Canada and Canadians ate third world with running water just sit on the 1970s lifestyle and judge wveryone excelling and proparing ahaha.

Ive been making money off Africa for a long time and its clear Namibia is new play.   I can afford to gamble...not many can especially now whem reliant of endless welfate and subsidiies.

I boigh heavily into AOI at $1.20.and swung traded to 300% gain and final exit at 2.75 to biy into VLE at .85 adding to my .50 base and swing trafed rode it four times for huge gains.

I see 2.85 AOI in next days happy for the one week 4% made last ten days....will jump bavknin soon.
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