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Bullboard - Stock Discussion Forum 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... see more

TSX:AOI - Post Discussion

Africa Oil Corp. > Price explosion on the AIM
View:
Post by liquorwolf on Jun 01, 2022 5:55am

Price explosion on the AIM

21.26  38.05% (5.86)
0QVLAFRICA OIL ORD SHS
something is up
Comment by papaloapan on Jun 01, 2022 7:04am
The only news I see is Tullows merger with Capricorn.  Lots of tie is with Tullow but ot sure why it would cause this kid of reaction.  Let's hope it sticks.
Comment by radcat on Jun 01, 2022 7:29am
Currently $2.70 Bid / $2.70 Ask
Comment by Lonegaurdian19 on Jun 02, 2022 1:05am
Only thing I can see is that the otherwise sleepy M&A market is still going. It could mean more transactions are on the horizon. If nothing else, the merger will help bolster Tullows balance sheet. Their CEO is incredibly conservative with spend so maybe it will help him open the pocketbook or find a I-bank he likes to push through farmouts. Just speculating.
Africa Oil Corp.
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