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

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Africa Oil Corp. > This is more important than Kenya at this point..

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Post by combeng on May 23, 2023 9:36am

This is more important than Kenya at this point..

TotalEnergies on target: High-risk drilling at global hotspot indicates supermajor has a huge field on its hands | Upstream Online

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Comment by Enterprise84333 on May 23, 2023 10:12am

I wish they had held on to their Kenya venture. It may have been worth something down the road.

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Comment by EGF30 on May 23, 2023 1:22pm

Agreed, this may prove to be far more important than Kenya and the timing of the Upstream article suggesting they hit a resevoir on a critical appraisal well makes for good timing to make it official and easy for both AOI and Total to walk away and wash their hands of Kenya. It has served it's purpose and is no longer needed - or wanted. In my mind Tullow did not gain 50% of an asset, but ...more

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Africa Oil Corp.