- Africa Oil Corp. announces the posting of its 2022 statement of reserves on SEDAR as part of its Annual Information Form. This disclosure is based on an independent reserves evaluation, effective 31 December 2022, 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's statement [...]
- Africa Oil Corp. is pleased to announce its operating and consolidated financial results for the three months and the year ended December 31, 2022, together with its 2023 Management Guidance. The Company is also pleased to provide a drilling update on its offshore interests in Namibia and Nigeria. View PDF version. Highlights Announced in February 2022 that Venus 1-X well made a major light oil discovery, offshore [...]
- Africa Oil Corp. is pleased to note the press release by its investee company, Impact Oil & Gas Limited , regarding the imminent commencement of a multi-well appraisal and exploration drilling program in Namibia, following the Venus light oil discovery in Block 2913B . Africa Oil holds a 30.9% shareholding in Impact. View PDF Version Highlights Multi-well programme in Namibia due to commence before the end of February [...]
- Africa Oil Corp. will publish its financial and operating results and related management's discussion and analysis for the three months and twelve months ended December 31, 2022, after Toronto market close on Monday, February 27, 2023. View PDF version. Senior management will hold a conference call to discuss the results on Tuesday, February 28, 2023 at 09:00 / 14:00 / 15:00 . The conference call may be accessed by [...]
- Africa Oil Corp. is pleased to announce that the Company repurchased a total of 9,600 Africa Oil common shares during the period of February 13, 2023 to February 17, 2023 under the previously announced share buyback program. View PDF version. The launch of Africa Oil's normal course issuer bid program, announced by the Company on September 22, 2022, is being implemented in accordance with the Market Abuse Regulation No [...]
- Africa Oil Corp. is pleased to announce that it has signed two production sharing contracts with the Republic of Equatorial Guinea for offshore Blocks EG-18 and EG-31. These PSCs are subject to ratification by the country's government. Africa Oil will hold eighty per cent operated interests in each block with the balance to be held by GEPetrol, the national oil company of Equatorial Guinea. GEPetrol has the option of [...]
- Africa Oil Corp. is pleased to announce that the Company repurchased a total of 530,400 Africa Oil common shares during the period of February 6, 2023 to February 10, 2023 under the previously announced share buyback program. View PDF version. The launch of Africa Oil's normal course issuer bid program, announced by the Company on September 22, 2022, is being implemented in accordance with the Market Abuse Regulation [...]
- Africa Oil Corp. is pleased to announce that the Company repurchased a total of 751,093 Africa Oil common shares during the period of January 30, 2023 to February 3, 2023 under the previously announced share buyback program. View PDF version The launch of Africa Oil's normal course issuer bid program, announced by the Company on September 22, 2022, is being implemented in accordance with the Market Abuse Regulation No [...]
- 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 cancellation of shares repurchased by Africa Oil under the Company's previously announced share repurchase program, Africa Oil now has 461,455,580 common shares issued and outstanding with voting rights as at January 31, 2023. About Africa [...]
- Africa Oil Corp. is pleased to announce that the Company repurchased a total of 321,790 Africa Oil common shares during the period of January 23, 2023 to January 27, 2023 under the previously announced share buyback program. View PDF version The launch of Africa Oil's normal course issuer bid program, announced by the Company on September 22, 2022, is being implemented in accordance with the Market Abuse Regulation No [...]
- Africa Oil Corp. is pleased to announce that the Company repurchased a total of 930,000 Africa Oil common shares during the period of January 16, 2023 to January 20, 2023 under the previously announced share buyback program. View PDF version. The launch of Africa Oil's normal course issuer bid program, announced by the Company on September 22, 2022, is being implemented in accordance with the Market Abuse Regulation No [...]
- Africa Oil Corp. is pleased to announce its full-year 2022 production results and to provide an operational update. The Company's production is attributed to its fifty per cent shareholding in Prime Oil & Gas Coöperatief U.A. . View PDF version. Full-year 2022 production rates1,2,3 are in line with the mid-point of 2022 Management Guidance range. Prime recorded an average daily working interest production of [...]
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