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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: $2.62 | Change: +$0.07 | %Change: +2.75%
Volume: 87,403 | Day High/Low: 2.66/2.60 | 52 Week High/Low: 9.00/1.80
View modes: 
5 stars

Here is the news release

Africa Oil strikes 200 metres of oil raising Lokichar Basin  http://www.businessdailyafrica.com/Africa-Oil-200-metres-of-oil-Lokichar-Basin-Ngamia-8-Tullow/-/539552/2707132/-/45s7c4z/-/index.html...read more
0 stars

Stockwatch (May 4, 2015)

Africa Oil Corp. (AOI), a Lundin company, lost six cents to $2.55 on 96,500 shares. On Friday after the close, it announced a $121-million private placement of 52.6 million shares at $2.31. The buyer...read more
5 stars

Found this on the TPN forum??

Africa Oil strikes 200 metres of oil raising Lokichar Basin  http://www.businessdailyafrica.com/Africa-Oil-200-metres-of-oil-Lokichar-Basin-Ngamia-8-Tullow/-/539552/2707132/-/45s7c4z/-/index.html...read more
0 stars

Shareholder meeting June 11

Not sure if it's been posted, but I just received a reply from Sophia about the June 11 shareholder meeting. Best to all of the longs, dat Hi!   Yes there is - June 11th here in Vancouver at the...read more
5 stars

RE:market does not like the money rise either

and now market seems to like AOI again... back to pre-money raise levels...  rate and reply
0 stars

RE:CASH EXPECTED last at least for 2H 2016

Thanks for posting StockBrain,,. If I'm reading this right they had enough to get them through the 2015 budget and needed to make a commitment for 2016,,. I realize the planning needs to be done in...read more
5 stars

RE:RE:So feels like neither sell nor farm out this year

They can still put together a deal for the end of the year if the stars are aligned and the right offer comes along,,. 1)The CGT,, 2)$75 Brent,, 3) 1.4 Billion reserve update,,. Lots of value left in...read more
0 stars

interesting again?

bottoming yet? financers believe in AOI. ps. many plays in resources of all sorts ran too much up.....few survivors to speculate on them fallen angels and yet are sentiments right for resources on...read more
5 stars

RE:So feels like neither sell nor farm out this year

Good!! Don't like a farm out!! Prove up more reserves with the money and then sell. Oil should turn higher and the CGT will be resolved (I hope).  rate and reply
0 stars

So feels like neither sell nor farm out this year

and thanks for info  rate and reply
0 stars

CASH EXPECTED last at least for 2H 2016

AFRICA OIL When filled CASH EXPECTED last at least for 2H 2016 - CEO (Direct) 2015-05-04 16:14 STOCKHOLM (AFX) After Africa Oil filled in with a further 100 million dollars in the account, after...read more
5 stars

CASH EXPECTED last at least for 2H 2016

AFRICA OIL When filled CASH EXPECTED last at least for 2H 2016 - CEO (Direct) 2015-05-04 16:14 STOCKHOLM (AFX) After Africa Oil filled in with a further 100 million dollars in the account, after...read more
5 stars

RE:RE:RE:RE:RE:RE:RE:The Lundins have run this BAD

EXCELLENT analysis prostock, Estree and bonafide. Gimo - Ive been invested in AOI, unfortunately for me at about $7 average. Devastated that they didn't do a "Cove Energy" on this one - find it, sell...read more
3 stars

RE:RE:RE:RE:RE:RE:The Lundins have run this BAD

"represented the zenith of AOI;s value per share and we now have to lower the bar significantly" Exactly... That has been Kenya1's point for quite some time now and imo a growing feeling among...read more
0 stars

market does not like the money rise either

-6.61% in sweden so far  rate and reply
5 stars

RE:RE:RE:RE:RE:RE:The Lundins have run this BAD

Its not that easy to HIT one HIT wonders like the South Lokichar....it takes time and multiple drills to figure out what is underneath. There have been oil fields out there that were discovered after...read more
5 stars

RE:RE:RE:RE:RE:The Lundins have run this BAD

Kenya1 makes a valid point in that the decision to drill those basins was a costly one in so far as those prospects carried a greater value undrilled then drilled and dusted,,. In hindsight the...read more
0 stars

RE:RE:RE:RE:RE:The Lundins have run this BAD

Ok, boneafide1; you are right re TPN... In particular because I felt very sorry for all the TPN investors after the drilling... But what I don't like is a claim like the header of this thread without...read more
5 stars

RE:RE:RE:RE:The Lundins have run this BAD

That is a low blow gimmo about Taipan. Kenya1 always maintained that it was a punt with a COS of about 20%, but it offers a great reward if the well hits.  rate and reply
0 stars

The Problem is Keith Hill

The decimation of POO is not his fault, but every one of his major pronouncements is followed by a contrary action in the market concerning Africa Oil, be it relations with GOK, stock price direction,...read more