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. > I Looked At Lundin Group Of Companies

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Comment by Suppe11on May 18, 2024 4:49am

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Post# 36046971

RE:RE:RE:RE:RE:I Looked At Lundin Group Of Companies

Not really fair.

Aoi was honest about the production profile of the Nigerian assets from day 1 = always declining, except for a little (possible) Petrowei bumb....

Keith Hill was criticized for collecting exploration assets without cf...in the end he lost his job over this. More or less at the peak of this criticism, Santana bought in there. You just can't expect, that KH should have make this move.

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