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.

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Post by firstworldon Apr 18, 2024 10:37am

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Post# 35995836

3.40 by Sept

Note SP crashed after Maint fowntome announcement. That got a huge div in Q1. Glad my Avg is $1.20 and have swung traded several times for good profits. Clearly this is long play with aim to sell out within 7- 10 years afyer everything producing. Divs are an insult to SH haha. Safe place to park patiebt money that have no other use for because you alreasy own 2 yauvhts and 6 Ferraris haha.

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Advancing flagship Ishkõday Gold Project in Ontario