Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Africa Oil has acquired a new license, EG-18, in Equatorial Guinea. See https://www.facebook.com/groups/1406968422792469/ (Facebook "Africa Oil investor group")
Why no posts on Africa Oil!!! . Hre is a massively undervalued company with cash and intersess in Eco, Impact ,Africa Energy, Ghana . Kenya and lots of exploration opps and nobody says a word.. There almost seems a conspiracy to keep the share price low. Is Lundin doing this? Its interests in real value have got to be in billions .
No luck in drilling for oil and gas in Kenya http://www.upi.com/Business_News/Energy-Industry/2015/11/17/No-luck-in-drilling-for-oil-and-gas-in-Kenya/7421447757915/
Africa Oil Corp. November 16, 2015 19:00 ET https://globenewswire.com/news-release/2015/11/17/787748/0/en/AFRICA-OIL-2015-THIRD-QUARTER-FINANCIAL-AND-OPERATING-RESULTS.html?print=1 Africa Oil Corp. (“Africa Oil” or the “Company”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2015. Subsequent to the third quarter, the Company announced that it had entered into a definitive farmout agreement with Maersk Oil & Gas A/S, a Danish oil and gas company owned by the Maersk Group (“Maersk”) whereby Maersk will acquire 50% of Africa Oil’s interests in Blocks 10BB, 13T and 10BA in Kenya and the Rift Basin and South Omo Blocks in Ethiopia in consideration for reimbursement of a portion of Africa Oil’s past costs and a future carry on certain exploration and development costs.
Corporate Presentation Africa Oil Corp. http://www.africaoilcorp.com/i/pdf/Presentation-November2015.pdf
Ownership of Oil Exploration Blocks Begins to Change Hands http://allafrica.com/stories/201511160653.html
Maersk buys into Africa Oil's assets http://www.petroleum-economist.com/Article/3505554/Maersk-buys-into-Africa-Oils-assets.html
Maersk faces declining output in the North Sea, and has expanded its portfolio of assets to include onshore prospects. http://www.forbes.com/sites/peteguest/2015/11/12/maersk-oil-pays-845-million-to-buy-into-east-africa/ “Maersk Oil is committed to pursuing profitable growth by focusing on expanding within our core geographies. In addition we are rebuilding the exploration business with new acreage positions and pre-development discoveries to balance the risk profile in our portfolio. This agreement with Africa Oil is an example of this,” Maersk Oil CEO Jakob Thomasen said in a statement. Turkana, a remote and arid region, comprises Kenya’s poorest county. Historically defined by its nomadic pastoralist culture, the area was far better known for its violent cattle rustling and regular droughts than its economic potential. When oil was discovered in 2012, the county suddenly found itself on one of the global oil industry’s most dynamic frontiers.
Maersk Buys $845 million of Africa Oil Corp. assets http://www.vcpost.com/articles/105781/20151112/maersk-buys-845-million-africa-oil-corp-assets.htm
Africa Oil Enters Farm-Out Agreement With Maersk Group http://www.cp-africa.com/2015/11/10/africa-oil-enters-farm-out-agreement-with-maersk-group/
Maersk Oil delivers boost for Tullow with east Africa deal Financial Times http://www.ft.com/intl/cms/s/0/9d9b3732-86fe-11e5-9f8c-a8d619fa707c.html#axzz3r0PmYBUL
Africa Oil Sees Joint Pipeline as Only Option for Uganda, Kenya http://www.bloomberg.com/news/articles/2015-11-10/africa-oil-sees-joint-pipeline-as-only-option-for-uganda-kenya
Africa Oil Operations Update http://www.marketwired.com/press-release/africa-oil-operations-update-tsx-aoi-2072534.htm
Africa Oil's 'basin opener' well underway http://www.finanzen.at/nachrichten/aktien/Africa-Oils-basin-opener-well-underway--notes-Dundee-4604439 Kenya and Ethiopia focused Africa Oil (CVE:AOI) is rated 'buy', speculative risk, by broker Dundee after an operational update today. The broker highlights several upcoming catalysts, including the "basin opening" Emesek 1 well results in the fourth quarter of 2015 and the submission of a draft field devlopment plan at the end of the year. Etom-2 well results are expected in the first quarter of 2016 and a revised CPR is earmarked for the first quarter of 2016. Earlier the firm said that in the third quarter, the Amosing-5A exploratory appraisal well in Block 10BB ncountered an estimated 15 to 28 metres of net pay and sucessfully proved a northern extension to the Amosing field. The firm is now drilling the Emesek-1 basin opening well, which will test the undrilled North Lokichar basin. The well was spudded on October 15. Following Emesek-1, the Marriot 46 will move to drill the Etom-2 well in an undrilled fault block adjacent to the Etom oil discovery. Dundee targets C$3.20 for the shares, which are currently unchanged at C$2.09.