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. > Town hall

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Post by Lonegaurdian19 on Apr 23, 2024 2:20pm

Town hall

Did they touch on Equatorial Guinea during the town hall? I recall they said they had so much interest they extended the data room til February....

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Comment by Malachite on Apr 23, 2024 10:06pm

It exists, that's about it on that one.

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Comment by Lonegaurdian19 on Apr 24, 2024 3:20am

Dang, that's unfortunate. I never liked the potential political risk in EG but seemed liked a very low risk medium reward to tie back in shallow water via LNG. I could see that bringing in $40-80 million which would justify a divy of $.10-.20 they actually control. I guess time will tell.

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Comment by firstworld on Apr 25, 2024 11:24am

EG is political very low risk now VS 5+ years ago now that most of global minority stripping Africa of resources by all means incl coups, like UA Maiden, sponsored armed conflicts and even assisinations ( helicopter and business jet crashes are favorites haha) have been kicked out, or on their way out. Africa doesn't need any western tech or other resources any longer it's all ...more

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Africa Oil Corp.