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.

TSX:AOI - Post by User

Africa Oil Corp. > NEW 52 WEEK HIGH FOR TOTAL

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Comment by firstworldon Sep 20, 2023 2:20am

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Post# 35644688

RE:NEW 52 WEEK HIGH FOR TOTAL

EGF30 wrote: Nice 3 month chart for Total with their stock creeping up nicely lately to go a long with a new 52 week high today.

The next week or two should be fun to watch unfold and if the numbers are as good as some are suggesting a new 52 week high should be a given for AOI.

Time will tell if this becomes AOI's breakout moment ----- or will I be reminded again why I have never bought one single share more of AOI since my initial stake from 2012 and why I continue to buy CP every month - rain or shine.

GLTA

Prime is getting over $100 bbl. Namibia will be a massive win its mostly derisked akleady with mutiple tier 1s committed in the $Bs.

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