Africa Oil Corp.

- Africa Oil Corp. is pleased to announce that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA . The Company is also pleased to update the markets on a significant increase in the Egina oil field production. View PDF version. Prime has distributed a $75.0 million dividend with a net payment to Africa Oil of $37.5 million related to its 50% shareholding. The Company intends to apply $18 million [...]

- Africa Oil Corp. is pleased to announce its financial and operating results for the three months ended March 31, 2021. The Company is also pleased to announce that it has achieved one of its primary objectives for 2021 with the signing of a new term loan agreement , to refinance its existing term facility that is due to mature in January 2022. This achieves significant reduction in borrowing costs, strengthens the [...]

- Africa Oil Corp. will publish its financial and operating results and related management's discussion and analysis for the three months ended March 31, 2021, after Toronto market close on Thursday, May 13, 2021. View PDF version Senior management will hold a conference call to discuss the results on Friday, May 14, 2021 at 09:00 / 15:00 . The conference call may be accessed by dial in or via webcast: Canada +1 416 764 [...]

- Africa Oil Corp. is pleased to report the voting results from the Company's Annual General and Special Meeting of Shareholders held today in Vancouver, British Columbia. View PDF version Election of Directors Shareholders elected the following seven board members to serve on the Company's board of directors until the next annual meeting of shareholders or until their successors are elected or appointed: Nominee For [...]

- Africa Oil Corp. reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. View PDF version. As a result of the issuance of 1,291,645 common shares in connection with the settlement of restricted share units and performance share units under the Company's long-term incentive plan during the month, the number of issued and outstanding shares of the [...]

Africa Oil Corp. announces that its Annual General and Special Meeting of Shareholders will be held on Tuesday, April 20, 2021 at 9:00 am at Suite 2000, 885 West Georgia Street Vancouver, BC, V6C 3E8. View PDF version. In response to the public health impact of the COVID-19 pandemic and to mitigate risks to the health and safety of the Company's shareholders, employees, and local communities, the Company requests that [...]

Africa Oil Corp. is pleased to announce the posting of its 2020 statement of reserves on SEDAR as part of its Annual Information Form. This disclosure is based on an independent reserves evaluation, effective 31 December 2020, prepared by RISC Limited for Africa Oil in accordance with Canadian National Instrument 51-101 - Standards for Oil and Gas Activities and the Canadian Oil and Gas Evaluation Handbook . Africa Oil [...]

Africa Oil Corp. is pleased to announce its operating and consolidated financial results for the three months and the year ended December 31, 2020. The Company is also releasing today, its 2021 Management Guidance including guidance related to its 50% equity investee, Prime Oil & Gas Coöperatief U.A . View PDF Version Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 [...]

Senegal, Home of West African Gas Megaprojects, Hosts Major Energy Transition Event - MSGBC Oil, Gas and Power 2021, organized by Africa Oil & Power under the auspices of H.E. President Macky Sall, will be held on 26-27 October 2021, in Dakar. - This event will be the leading investment platform for West Africa's oil, gas and power industries. It will showcase the region's investment appeal as one of the most exciting [...]

VANCOUVER, BC, Dec. 17, 2020 /CNW/ - – Africa Oil Corp. is pleased to announce that it has received its sixth dividend from Prime Oil and Gas B.V. . View PDF version. Prime has distributed a US$75.0 million dividend with a net payment to Africa Oil of US$37.5 million related to its 50% shareholding. The Company intends to apply US$23.8 million of this dividend to reduce the outstanding balance of the BTG term loan to [...]