Africa Oil Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 12, 2014) - Africa Oil Corp. ("Africa Oil" or the "Company") (TSX:AOI)(OMX:AOI) is pleased to provide third quarter 2014 financial results and an update on its operations in Kenya and Ethiopia. The Company announced details of an updated independent assessment of the Company's contingent resources for the discovered basin in Northern Kenya in Blocks 10BB and 13T in [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 23, 2014) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) ("Africa Oil", "AOC" or the "Company") is pleased to provide an operational update on its exploration program in Kenya. The Kodos-1 exploration well in Block 10BB was drilled to a total depth of 2500 metres and encountered hydrocarbon shows which indicates the presence of an active petroleum system. This is the first well [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 25, 2014) - Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") (TSX:AOI)(OMX:AOI) confirms that the Kenya Finance Bill 2014 has been passed by the Kenyan Parliament and assented to by President Kenyatta. Publication of the bill is expected imminently. The majority of the legislation included in the Bill applicable to the oil and gas industry will be effective on January [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 16, 2014) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) ("Africa Oil", "AOC" or the "Company") is pleased to announce that an independent assessment of the Company's Contingent Resources in the South Lokichar Basin located in Blocks 10BB and 13T in Kenya has been completed by Gaffney, Cline & Associates ("Gaffney Cline" or "GCA"). Total 2C gross contingent resources increased 67% to [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 28, 2014) - Africa Oil Corp. ("Africa Oil" or the "Company") (TSX:AOI)(OMX:AOI) is pleased to provide an update on its operations in Kenya and Ethiopia. The Etom-1 well in the Lokichar Basin on Block 13T (Kenya) has reached a total depth of 2000 meters and has discovered oil in the primary Auwerwer and Upper Lokhone target formations. The well encountered a range of between [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 9, 2014) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) ("Africa Oil" or the "Company") reports a correction to the second quarter 2014 financial results issued on August 8, 2014. The 17th bullet point should have stated "Africa Oil opened the second quarter with cash of $434.3 million and working capital of $360.1 million. Africa Oil ended the second quarter with cash of $350.1 [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 8, 2014) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) ("Africa Oil" or the "Company") is pleased to provide second quarter 2014 financial results and an update on its operations in Kenya and Ethiopia. Entering the year, the Company and its partners had seven drilling rigs operating in the region. Four Tullow-Africa Oil joint venture rigs are operating in the discovered basin in [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 31, 2014) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) ("Africa Oil" or the "Company") reports that in accordance with the Swedish Financial Instruments Trading Act, the Company announces the following: As a result of the exercise of employee stock options, as at July 31, 2014, the number of issued and outstanding shares of the Company is 312,333,279 common shares with voting [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 14, 2014) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) ("Africa Oil" or the "Company") today announces that the Gardim-1 exploration well, drilled on the eastern flank of the Chew Bahir Basin in the South Omo licence, onshore Ethiopia, has reached a total depth of 2,468 metres in basement, without encountering commercial oil. The well intersected lacustrine and volcanic formations [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 26, 2014) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) ("Africa Oil" or the "Company") is pleased to announce that it has obtained approval of a secondary listing of its shares on NASDAQ OMX Stockholm (the "Main Market") (the "Listing"). The shares are expected to commence trading on the Main Market on July 1, 2014. The last day of trading of the Company's shares on NASDAQ OMX [...]