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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 Oct 17, 2023 3:17pm
159 Views
Post# 35687722

RE:RE:RE:Who to merge with?

RE:RE:RE:Who to merge with?
Lonegaurdian19 wrote: Difficult environment, it would make sense to grow/merge at $1 billion plus. Total seems maxed out on spend, Chevron is always late to the party. Shell is good, BP too obsessed with ESG. Chinese are okay with cheap Russian oil, Indians pass.

A merger with Panoro would actually make a ton of sense

You have no clue what you are talking about USA is thrilled with Cheap Canadian OIl, Total has more cash than all Canadian oil cos combined, no intl oil.countries want to deal with Americans or Canadians if they can help it then only if they have minority stake.

There is nothing to buy when oil.is $90 bbl. Leave it to Dr Tucker unless you have double PhD and 25 yes on Csuite Intl O&G.

Thisnis not some redneck Canadian energy company reliant on subsidies and state wage supplements haha. 
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