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. > Almost a third of the way through the year.

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Post by DAGUY on Apr 17, 2023 12:18pm

Almost a third of the way through the year.

Hoping to get some news on some of the "High Impact Catalysts" soon.

Venus is drilling but that is not us, we are just waiting on others.
Acquisition of strategic producing assets - we have been waiting on this for over a year...
OML 130 renewal - been waiting on this, but i guess this is probably more in the hands of the majority owners than us.
Farmout of Block 3B/4B, this one could take a while.
Refinance Primes RBL - this depends on the OML 130 renewal if i remember correctly.

Time marches on... Hopefully we sold some cargo's and made some money in Q1.

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Comment by firstworld on Apr 18, 2023 9:52pm

Market is very hot offsgore Namibia all NOC and supermajors with Bs in cash...hard to compete. Its been very quiet im thinking its time to buy back in.

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