- Africa Oil Corp. is pleased to provide an update for its Kenya development project incorporating Blocks 10BB and 13T . PDF Version Over the past year, Africa Oil and its JV Partners have completed the redesign of the Project Oil Kenya to ensure it is technically, commercially and environmentally robust. A higher oil production plateau of 120,000 barrels of oil per day is now planned with expected gross oil recovery of [...]
- 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 exercise of 218,000 stock options under the Company's stock option plan, the Company now has 473,578,117 common shares issued and outstanding with voting rights as at August 31, 2021. About Africa Oil Africa Oil Corp. is a Canadian oil and [...]
- Africa Oil Corp. is pleased to announce its financial and operating results for the three months ended June 30, 2021, and to provide selected results for Prime Oil and Gas Cooperatief UA , a company in which Africa Oil has a 50% equity interest. View PDF version. Highlights Net income of $38.4 million and end of quarter cash balance of $35.1 million. Received a dividend for $37.5 million from Prime during the quarter [...]
- Africa Oil Corp. will publish its financial and operating results and related management's discussion and analysis for the three months ended June 30, 2021, after Toronto market close on Thursday, August 12, 2021. View PDF version Senior management will hold a conference call to discuss the results on Tuesday, August 17, 2021 at 09:00 / 15:00 . The conference call may be accessed by dial in or via webcast: Canada +1 [...]
- Africa Oil Corp. is pleased to announce that it has received a dividend from Prime Oil and Gas Cooperatief UA and that is has completed the refinancing of its corporate loan facility. View PDF version. Prime has distributed a $75 million dividend with a net payment to Africa Oil of $37.5 million related to its 50% shareholding. The Company applied $25 million from this dividend to reduce the outstanding balance of the [...]
- 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 exercise of 108,000 stock options under the Company's stock option plan during the month, the number of issued and outstanding shares of the Company has increased to 473,360,117 common shares with voting rights as at July 30, 2021. About [...]
- 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 [...]
+166,67 %
+2,84 %
-80,00 %