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Bullboard - Stock Discussion Forum 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... see more

TSX:AOI - Post Discussion

Africa Oil Corp. > Where’s the News
View:
Post by Oregonduck on Apr 23, 2021 4:19pm

Where’s the News

In respect of the RBL Redetermination and Bridge Liam Refi which are overdue??

As far as production goes, it appears Chevron’s OML127 has gone down from 250,000 bopd to currently 140,000 bopd. 

AOI was counting on about 34,000 bopd from both OMLs 127 and Total’s 130 in their proforma projections in Jan 2020.
Comment by Lonegaurdian19 on Apr 23, 2021 10:55pm
Looks like the Nigerians folded, I'd expect Total to bring online the discovered yet not yet producing friends in the block. https://www.reuters.com/world/africa/exclusive-nigeria-refines-energy-reform-bill-attract-more-big-oil-cash-2021-04-16/
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