Africa Oil published its financial and operating results for the three months ended March 31, 2025, and is pleased to declare its second quarterly distribution of $25 million under its enlarged base dividend policy. Africa Oil President and CEO, Roger Tucker commented: "During the first quarter, Africa Oil significantly transformed its scale and structure by completing the Prime amalgamation. This strategic move has [...]
Africa Oil will publish its financial and operating results, along with the related management's discussion and analysis for the three months ended March 31, 2025, after Toronto market close on May 14, 2025. Senior management will hold a conference call to discuss the results on May 16, 2025, at 09:00 / 14:00 / 15:00. The conference call may be accessed by dial in or via webcast. Participants should use the following link [...]
Africa Oil reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the issuance of 762,907 common shares due to a residual settlement of performance share units, triggered by the completion of the amalgamation to consolidate all of the Prime Oil & Gas Coöperatief U.A shareholding in Africa Oil, the Company has 675,436,334 common shares [...]
Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver - The Energy Investment Conference featuring a broad group of public and private energy companies at www.enercomdenver.com A robust list of companies has confirmed their participation, and more are being added daily Sponsorship [...]
Africa Oil's representatives on Impact Oil & Gas Limited's Board have received an update on the Marula-1X drilling operation on Block 2913B, offshore Namibia. Highlights Safely drilled the Marula-1X well to a total depth of 6,460m on block 2913B, targeting Albian aged sandstones, within the Marula fan complex, approximately 47 Km south of the Venus-1X well, using the Deepsea Mira semi-submersible drilling rig. No [...]
Africa Oil reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the issuance of 239,828,655 common shares to BTG Pactual Oil & Gas, in connection with the completion of the amalgamation to consolidate all of the Prime Oil & Gas Coöperatief U.A shareholding in Africa Oil; the issuance of 1,942,655 common shares in connection with the [...]
Africa Oil is pleased to announce the completion of the amalgamation to consolidate all of the Prime Oil & Gas Coöperatief U.A shareholding in Africa Oil, and declares the first quarterly cash dividend of USD 25 million, as it implements its new enlarged base dividend policy, with a target annual distribution of at least USD 100 million. The Company also announces Board and Executive Management changes, and presents its [...]
Africa Oil has prepared a supplement to the Swedish prospectus regarding the admission to trading on Nasdaq Stockholm of 239,828,655 new common shares issued to BTG Oil & Gas as part of the ongoing amalgamation, which was approved by the Swedish Financial Supervisory Authority and published on February 21, 2025. The Supplement has been prepared in accordance with Article 23 of the Regulation 2017/1129 of the European [...]
EnerCom Denver - The Energy Investment Conference will celebrate 30 years of bringing together the broader energy sector, including companies, investors, analysts, and industry leaders! Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness EnerCom, Inc. is pleased to [...]
Africa Oil is pleased to announce that the Company repurchased a total of 882,000 Africa Oil common shares during the period of Feb 24, 2025 to Feb 28, 2025 under the previously announced share buyback program. During this period, the Company repurchased 332,000 Africa Oil common shares on the Toronto Stock Exchange and/or alternative Canadian trading systems. The repurchases were carried out by Scotia Capital on behalf [...]
Africa Oil published its financial and operating results for the three and twelve months ended Dec 31, 2024, and posted its 2024 statement of reserves on SEDAR as part of its Annual Information Form. The Company is also pleased to announce the imminent completion of the amalgamation to consolidate all the Prime Oil & Gas Coöperatief U.A shareholding in Africa Oil. Africa Oil President and CEO, Roger Tucker commented [...]
Africa Oil announces that the 2024 Annual Filings Document is available for download from the Company's website. The information in this release is subject to the disclosure requirements of Africa Oil under the Swedish Markets Act. The information was submitted for publication, through the agency of the contact persons set out below on Feb 27, 2025 at 8:00 p.m. Eastern Time. Africa Oil is a Canadian oil and gas company [...]