Africa Energy Corp.

/STATES/ VANCOUVER, April 25, 2018 /CNW/ - Africa Energy Corp. , an oil and gas exploration company with assets in South Africa and Namibia, announces that it has successfully completed the book-building for the equity issue, on a private placement basis, of common shares in the Company announced on April 24, 2018 . Africa Energy previously announced the intention to raise gross proceeds of USD 40 million. The Private [...]

/STATES/ VANCOUVER, April 24, 2018 /CNW/ - Africa Energy Corp. , an oil and gas exploration company with assets in South Africa and Namibia, announces that it intends to undertake an equity issue, on a private placement basis, of USD 40 million in newly issued common shares of the Company through an accelerated book-building process . The Company retains the right to increase the size of the Private Placement at its [...]

LONDON, April 24, 2018 /PRNewswire/ -- Six Ministers and two Deputy Ministers of Energy from Burkina Faso, Gabon, Ethiopia, Liberia, Uganda, Zimbabwe, Ghana and Namibia are to arrive in Mauritius from 19-22 June to mark 20th anniversary of the annual Africa Energy Forum . The conference will be hosted in Africa for the first time to celebrate the achievements of Africa's energy community over the last two decades. The [...]

Africa Energy Corp. announces that the Company's President and Chief Executive Officer, Garrett Soden, will be presenting at the Pareto Securities E&P Independents Conference in London, United Kingdom on Thursday, March 15, 2018 at 10:10am Greenwich Mean Time. A copy of the presentation will be available on Africa Energy's website below. About Africa Energy Corp. Africa Energy Corp. is a Canadian oil and gas company [...]

Africa Energy Corp. is pleased to announce both the renewal of Petroleum Exploration License 37 offshore the Republic of Namibia and the signing of a rig contract. The PEL 37 joint venture application for entry into the Second Renewal Period was approved by the Ministry of Mines and Energy in Namibia. The Second Renewal Period is for a period of two years commencing March 28, 2018 and includes an obligation to drill an [...]

Africa Energy Corp. announces that the Company's President and Chief Executive Officer, Garrett Soden, will be presenting at the SpareBank 1 Markets Energy Conference in Oslo, Norway on Thursday, March 1, 2018, at approximately 2:15pm Central European Time. A copy of the presentation will be available on Africa Energy's website below. About Africa Energy Corp. Africa Energy Corp. is a Canadian oil and gas company listed [...]

Africa Energy Corp. has received notice from the Petroleum Agency of South Africa granting a two-year renewal of the Exploration Right for Block 2B offshore the Republic of South Africa. Jan Maier, Africa Energy's VP Exploration, commented, "We are excited to receive notice about the renewal of the Exploration Right for Block 2B so that we can commence operations for the second exploration period. We have recently [...]

Africa Energy Corp.  announces that the Company's Chairman, Ashley Heppenstall, and the Chief Executive Officer, Garrett Soden, will be presenting to investors and shareholders at a town hall meeting in Stockholm, Sweden on Wednesday, December 13, 2017, at 18:30 Central European Time . The town hall meeting will be held at Näringslivets Hus on Storgatan 19 in Stockholm . Investors and shareholders may confirm their [...]

Africa Energy Corp. announces that the joint venture partners in Petroleum Exploration Licence 37 have voted to drill the Cormorant Prospect offshore the Republic of Namibia with a target spud date in September 2018. Africa Energy recently acquired one-third of the shares in a subsidiary of Pancontinental Oil & Gas N.L. that holds a 30% participating interest in PEL 37, providing Africa Energy an effective 10% interest in [...]

Africa Energy Corp. announces the signature of definitive agreements to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa. Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers off the southern coast of South Africa. The block covers an area of approximately 19,000 square kilometers with water depths ranging from 200 to 2,000 meters. Total E&P South [...]