Africa Oil Corp (TSX:AOI), in its first quarter trading statement, highlighted that it was “significantly transformed” during the period in terms of scale and structure. The acquisition and consol
Africa Oil Corp has announced it will change its name to Meren Energy Inc, as it emerges from a phase of transformation. It comes after the completion of the company's transactions to consolidate inte

Africa Oil reports result of Marula well

03:14am, Monday, 28'th Apr 2025
Africa Oil Corp (TSX:AOI) reported on the Marula-1X well, offshore Namibia, which was unsuccessful in its primary target. The company – which has an interest in the project via Impact Oil & Gas, a 9
Africa Oil Corp.'s merger with BTG Group has doubled its production and cash flow, issuing only 35.5% of new shares. The company has declared its first dividend at nearly 10%, with a $100 million annu
Africa Oil Corp (TSX:AOI) has completed its long-awaited consolidation of Prime shareholding, a move hailed as “transformational” for the company by analysts at Peel Hunt. The deal doubles Africa
Africa Oil Corp (TSX:AOI) has completed the consolidation of its Prime Oil & Gas Coöperatief UA shareholding, a move the company says will enhance shareholder returns and strengthen its financial pos
Canada's Africa Oil Corporation will double its Nigerian output and the size of its reserves there once it completes its deal for full ownership of Prime Oil next Tuesday, a senior company executive s

Africa Oil Corp.'s Earnings Spell Opportunity

10:34am, Saturday, 01'st Mar 2025
Africa Oil Corp.'s 4Q 2024 earnings justify its $600 million market cap, with strong 2025 prospects for shareholder returns despite production issues. The merger with BTG Oil & Gas will double FCF, en
Africa Oil Corp. (OTCPK:AOIFF) Q4 2024 Earnings Call February 28, 2025 9:00 AM ET Company Participants Shahin Amini - Investor Relations Manager Roger Tucker - President and Chief Executive Officer Pa
Africa Oil Corp (TSX:AOI) has earned a repeat ‘Buy' rating from analysts at Stifel following the release of its fourth quarter financial and performance results. The analysts highlighted that Africa
Africa Oil Corp (TSX:AOI) CEO Roger Tucker has reflected on 2024 as a “transformative year” for the company as it has executed several strategic initiatives to strengthen the business. The company
Africa Oil Corp (TSX:AOI) said on Friday that its Swedish prospectus for listing new shares on Nasdaq Stockholm had been approved. The Canadian oil and gas company had agreed in June to merge its stak

Africa Oil shares update on Namibia operations

08:50am, Thursday, 06'th Feb 2025
Africa Oil Corp (TSX:AOI) has provided an update on its offshore Namibia operations, following a drilling report from Impact Oil & Gas, in which Africa Oil holds a 39.5% stake. Impact announced that i
Africa Oil Corp (TSX:AOI) told investors it is expecting to receive $31.6 million in dividends from Impact Oil & Gas, which has approved some $80 million of gross dividends. The dividend payment, whic
Africa Oil Corp (TSX:AOI) told investors it is expecting to receive $31.6 million in dividends from Impact Oil & Gas, which has approved some $80 million of gross dividends. The dividend payment, whic
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