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Africa Oil Corp T.AOI

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  AOIFF

Africa Oil Corporation is an independent upstream oil and gas exploration company. The Company has oil and gas interests in Ethiopia, Kenya and, through Horn Petroleum, Puntland (Somalia).
Price: $1.99 | Change: $0.00 | %Change: 0.00%
Volume: 42,760 | Day High/Low: 2.035/1.98 | 52 Week High/Low: 7.10/1.80
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0 stars

RE:RE:RE:RE:Kenya oil production

take it to Mombasa but calling in a crude oil tanker to carry 50,000 bbls? may be asking for too much. They might send it to Uganda though and sell it there but there is a lot needs to be done. I more
0 stars

RE:RE:RE:Kenya oil production

I thought truckers could take it to Mombassa. I think that`s the name on the coast line.Maybe it shut down now.  rate and reply
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RE:RE:Kenya oil production

I don't think Kenya has any more operating refineries. So would it make sense to export 50,000 bbls to get refined? not sure, gut feeling says "no". I guess time will tell.  rate and reply
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RE:Kenya oil production

So what happens or happened to the oil they already put in the tank. Has any of it been sold.  rate and reply
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Kenya oil production

Those storage tanks are used during extended well flow a well and monitor pressure for a couple of days. If a well is producing 5000 a day and you are testing a couple wells the more
0 stars

Question about Oil holding tanks

In their May Presentation they show 2 tanks, and says 50,000 barrels, Is that what the tanks hold or is that what they have put into the tanks as of May,Also, if we had 50,000 gallons in tanks in May, more
0 stars

RE:RE:RE:New Release

Hound, project sanction, end 2016 while "first" oil will be 3.5 years from end of 2016, according to Tullow. AOI need to sell this and stop going to the market, selling more shares, for cash.  rate and reply
0 stars

RE:RE:New Release

Good  report, they did mention storage bins, for oil, when oil was above $80.00 a barrel, Maybe they can`t sell without a production license. They never mentoned how the tax discussion went more
3.5 stars

RE:New Release

They have oil in storage....  this is NEW...  you don't store oil unless you plan to sell it... what else are you going to do with it...  Seems like we will get some news regarding the more
4.5 stars

New Release

News Releases Information posted is accurate at the time of posting, but may be superseded by subsequent press releases. Jul 29, 2015 Africa Oil Operations and Development Update View News Release more
5 stars


The drop in POO and the Chinese jitters are certainly playing their part re: the stock price. Good buying opp when this stabilizes? Hacb  rate and reply
5 stars

RE:whats going on

K1,Didn't Obama sort of say that the Gof K had to Get rid of the corruption that was thru their administration.The president of K does not have a very good record it was said.Hope they can get more
3 stars

whats going on

With this share price -really suffering. Wonder will there be anyone in Obama's entourage that can convince a major to take another look?  rate and reply
0 stars

RE:RE:RE:RE:Try This The other link seemed to hangup

"due to demand"... helpful.   Having Iran's sanctions being lifted won't be though - at least until the market rebalances.   BUT while the Saudis can survive on cheaper oil prices, Iran is said more
3.5 stars


I thought they were supposed to be running tests on some wells, Is that ongoing, or do we wait til summer is over to get the results...  rate and reply
5 stars

RE:RE:RE:Try This The other link seemed to hangup

that pipeline is for petroleum refined products...all they are doing is upgrading it and adding another line due to demand. KPC is the Kenya Pipeline Company that is owned by the Kenyan govt. more
5 stars

RE:RE:Try This The other link seemed to hangup

Yes your right Hound it is hard to figure out if this is the real deal. anyway they will either build a pipeline or truck the oil soon I hope,  rate and reply
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RE:Try This The other link seemed to hangup

You can't tell if this is bloggers or the real deal. Here is another but for water piping.  rate and reply
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RE:RE:RE:KPC signs landmark deal with 6 banks for financing of pipe..

Can someone explain to me how this pipeline signing relate to AOI?  rate and reply
5 stars

Try This The other link seemed to hangup

5.6 billion) loan to finance the construction of a new 450-kilometre oil pipeline from Mombasa to Nairobi. The state owned oil distributor will upgrade to a 20 inch ultra-modern multi-product more