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. > namibia article

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Comment by hikarion Oct 25, 2024 6:37am

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Post# 36281565

RE:RE:namibia article

Drillship Santorini stopped exactly at Saturn prospect on the way to another offshore block in Namibia.

Pancontinental share holders think that this drill ship could do some survey for a respectively THE first planned Saturn exploration well. It can be a coincidence that the drill ship stopped there (because someting is broken for example). Since drill ships have a high daily cost rate, there must be a good reason that it stopped there. Indeed this spot could be a good place to drill the first Saturn well

https://hotcopper.com.au/threads/general-thoughts.7495348/page-6041?post_id=76292603

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