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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. > We Have Been Holding A Long Time
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Post by argaiv on May 17, 2024 8:30pm

We Have Been Holding A Long Time

But let's face it energy really dropped in 2014, and oil futures hit below ZERO during the pandemic.  This might be the start of a growth period for Africa Oil.  

A couple of executives from Lundin Oil are on trial for complicity in war crimes in Sudan.  This could be a reason they sold off their interest to put Africa behind them.
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