- Africa Oil Corp. is pleased to announce that the Company repurchased a total of 171,200 Africa Oil common shares on November 15, 2024, 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 December 4, 2023, is being implemented in accordance with the Market Abuse Regulation No 596/2014 and Commission Delegated [...]
- Africa Oil Corp. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2024. View PDF version Highlights Satisfied the material conditions precedent to the amalgamation to effect the consolidation of all of Prime in Africa Oil. The completion of the amalgamation is now expected during Q1 2025 compared to the previous guidance of Q3 2025, accelerating the timeline [...]
- Africa Oil Corp. will publish its financial and operating results and related management's discussion and analysis for the three and nine months ended September 30, 2024, after Toronto market close on Wednesday, November 13, 2024. View PDF Senior management will hold a conference call to discuss the results on Friday, November 15, 2024 at 09:00 / 14:00 / 15:00 . The conference call may be accessed by dial in or via [...]
- Africa Oil Corp. is pleased to announce that its investee company Impact Oil & Gas Limited has completed the farm down of its interests in Blocks 2912 and 2913B offshore Namibia to TotalEnergies EP Namibia B.V. Impact has also received a cash payment of approximately USD 99 million, as reimbursement for its share of costs incurred on the Blocks net to the Farm Down interests, prior to January 1, 2024 . View PDF version [...]
- Africa Oil Corp. is pleased to announce that the Nigerian Upstream Petroleum Regulatory Commission has renewed Petroleum Mining Lease 52 , containing the Agbami field, for a period of 20 years effective from November 24, 2024. View PDF version Africa Oil Chief Executive Officer, Dr Roger Tucker, commented: "The renewal of PML 52 follows last year's renewal of the licenses for Prime's Akpo, Egina and Preowei fields [...]
- Africa Oil Corp. is pleased to announce that the Nigerian Upstream Petroleum Regulatory Commission has given clearance for the amalgamation of Africa Oil Papa Corp., a wholly owned subsidiary of Africa Oil, and BTG Pactual Holding S.à r.l. in exchange for the issuance of Common Shares in the Company to BTG Pactual Oil & Gas S.à r.l., to effect the consolidation of 100% ownership of Prime Oil & Gas Coöperatief U.A. in [...]
- Africa Oil Corp. is pleased to report the voting results from the Company's special meeting of shareholders held today in Vancouver, British Columbia. This meeting was held for shareholders to vote on the resolution to approve the issuance of Common Shares to BTG Pactual Oil & Gas S.à r.l. in connection with the amalgamation of Africa Oil Papa Corp., a wholly owned subsidiary of Africa Oil, and BTG Pactual Holding S.à [...]
Africa Oil Corp. is pleased to announce that leading proxy advisory firms Institutional Shareholder Services Inc. and Glass Lewis & Co have recommended that Africa Oil shareholders vote "FOR" the resolution to approve the issuance of Common Shares to BTG Pactual Oil & Gas in connection with the amalgamation of Africa Oil Papa and BTG Pactual Holding. This is for the purpose of consolidating 100% ownership of Prime Oil [...]
- Africa Oil Corp. announces a special meeting of the holders of common shares of Africa Oil. The meeting will be held: PDF Version Date and Time: October 15, 2024 9:00 a.m. / 6:00 p.m. Location: Bennett Jones LLP Fraser Boardroom, Park Place, 666 Burrard St #2500, Vancouver V6C 2X8 The purpose of the Meeting is as follows: to consider and, if deemed advisable, to approve an ordinary resolution approving the issuance of [...]
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading on Monday, September 23, 2024: S&P/TSX COMPOSITE INDEX - September 24, 2024 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Bird Construction Inc. Industrials Construction & Engineering ADDED Triple Flag Precious Metals Corp. Materials Gold DELETED Africa Oil Corp. Energy Oil [...]
- Africa Oil Corp. is pleased to announce the completion of Africa Oil SA Corp.'s strategic farm down agreement with TotalEnergies EP South Africa S.A.S. and QatarEnergy International E&P LLC. for the Orange Basin Block 3B/4B, offshore South Africa, announced on March 6, 2024. AOSAC is a wholly-owned subsidiary of Africa Oil. View PDF version AOSAC has retained a direct 17.00% interest in Block 3B/4B and transferred the [...]
- Africa Oil Corp. is pleased to announce that it has signed a call and put option agreement with three shareholders in Impact Oil and Gas Limited to purchase a material 7.0% interest in Impact . If exercised, the Option Agreement will increase Africa Oil's Impact shareholding to 39.5%. PDF Version. Africa Oil Chief Executive Officer, Dr Roger Tucker, commented: "Through our shareholding in Impact we have exposure to an [...]
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