Africa Oil Corp (TSX:AOI) Namibia interests have received a major boost as Impact Oil and Gas, a company part-owned by AOC, agreed to sell a stake in the Venus discovery to its partner TotalEnergies.
Africa Oil Corporation has a strong portfolio of assets and is debt-free with a cash balance of over $200 million. The company's core oil assets have a strong outlook, and it is part of the largest oi
Africa Oil Corp (TSX:AOI) told investors that the Toronto Stock Exchange (TSX) has approved its normal course issuer bid (NCIB) to buy back up to 38,654,702 shares, or 10% of its public float. In a st
Africa Oil Corp. (OTCPK:AOIFF) Q3 2023 Earnings Conference Call November 16, 2023 9:00 AM ET Company Participants Shahin Amini - IR and Commercial Manager Roger Tucker - President and CEO Pascal Nicod
Africa Oil Corp (TSX:AOI) announced that it achieved notable milestones at its two main assets offshore Namibia and Nigeria during the third quarter. “The Venus-1X testing program achieved positive
Africa Oil Corp (TSX:AOI) said it has made two strategic appointments to its executive management team, including Dr Oliver Quinn as senior vice president of corporate development and Joanna Kay as ge
Africa Oil Corp (TSX:AOI) has announced that investee company Impact Oil and Gas Limited reported positive drill stem test (DST) results for the Venus-1X well, its major light oil discovery on Block 2

Africa Oil Corp.'s Promising Future

06:24am, Monday, 18'th Sep 2023
Africa Oil Corp. has cleaned up its positioning and has the potential to generate substantial shareholder returns. The company had strong financial results for the quarter, with a strong cash position

Africa Oil: Doubling Down

04:56am, Monday, 21'st Aug 2023
A drilling campaign should increase production in Nigeria. Africa Oil has already received more cash than it borrowed to obtain the interest in Nigerian production. The company holds interests in thre
Africa Oil Corp (TSX:AOI) has confirmed its 2023 management guidance as it released its results for the three months to June 30, 2023, in which it also highlighted the renewal of its OML 130 license
Africa Oil Corp (TSX:AOI) said it has entered an agreement to buy an additional 6.25% interest in Block 3B/4B in the Orange Basin off the coast of South Africa for $10.5 million in cash. The company s
Africa Oil Corp (TSX:AOI) has announced that its president and CEO, Keith Hill will be stepping down from his executive role at Africa Oil and that he will be succeded by Dr Roger Tucker. The compan
Africa Oil Corp (TSX:AOI) said its investee company, Prime Oil & Gas Cooperatief UA, has successfully completed its debt refinancing, bolstering its debt capacity and extending its debt maturity prof
Africa Oil Corp (TSX:AOI) told investors that TotalEnergies has renewed its Oil Mining License (OML) 130 for 20 years, noting that it has an effective 8% interest in the license through its 50% shar
Africa Oil Corp (TSX:AOI) has announced it is to withdraw from its joint venture agreements and production-sharing contracts in Kenya. The company said it has submitted withdrawal notices to its join
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