- Africa Oil Corp. is pleased to announce that it has participated in a USD 95.0 million Open Offer by Impact Oil & Gas Limited , the privately-owned, African-focused exploration company. The capital raised shall be used towards funding Impact's participating share of the multi-well drilling and testing programme in Namibia to further evaluate and appraise the Venus discovery; a world class, light-oil and associated gas [...]
- Africa Oil Corp. announces that its Annual General Meeting of Shareholders will be held on Thursday, May 25, 2023 at 10:00 am at Suite 2000, 885 West Georgia Street Vancouver, BC, V6C 3E8. View PDF The purpose of the Meeting is as follows: To receive the consolidated audited financial statements and accompanying management's discussion and analysis of the Company for the year ended December 31, 2022, together with the [...]
- Africa Oil Corp. reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. View PDF version. As a result of the cancellation of shares repurchased by Africa Oil under the Company's previously announced share repurchase program, the exercise of stock options, and the settlement of share units issued under the Company's Long-Term Incentive Plan, Africa [...]
- Africa Oil Corp. is pleased to announce that it has published its 2022 Sustainability Report. This report outlines the Company's approach to ESG management and provides an overview of the ESG-related performance for the period 1st January to 31st December 2022. View PDF version Highlights Net equity emissions of 117 kilo tonnes carbon dioxide equivalent during 2022, representing an 8% decrease compared to 2021. Gas [...]
- Africa Oil Corp. is pleased to announce that an independent review of the Company's prospective resources has been completed by RISC Advisory Limited , in accordance with Canadian National Instrument 51-101 - Standards for Oil and Gas Activities , the Canadian Oil and Gas Evaluation Handbook and the Petroleum Resources Management System 2018 . The effective date of RISC's report is March 7, 2023. View PDF version [...]
- Africa Oil Corp. is pleased to announce that the Company repurchased a total of 344,300 Africa Oil common shares during the period of February 27, 2023 to March 3, 2023 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 September 22, 2022, is being implemented in accordance with the Market Abuse Regulation No [...]
- Africa Oil Corp. reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. View PDF version. As a result of the cancellation of shares repurchased by Africa Oil under the Company's previously announced share repurchase program, Africa Oil now has 460,047,797 common shares issued and outstanding with voting rights as at February 28, 2023. About Africa [...]
- Africa Oil Corp. announces that the 2022 Annual Filings Document is available for download from the Company's website: https://www.africaoilcorp.com/investors/meeting-materials-corporate-filings/. View PDF version. The information in this release is subject to the disclosure requirements of Africa Oil under the Swedish Markets Act. The information was submitted for publication, through the agency of the contact persons [...]
- Africa Oil Corp. announces the posting of its 2022 statement of reserves on SEDAR as part of its Annual Information Form. This disclosure is based on an independent reserves evaluation, effective 31 December 2022, prepared by RISC Limited for Africa Oil in accordance with Canadian National Instrument 51-101 - Standards for Oil and Gas Activities and the Canadian Oil and Gas Evaluation Handbook . Africa Oil's statement [...]
- Africa Oil Corp. is pleased to announce its operating and consolidated financial results for the three months and the year ended December 31, 2022, together with its 2023 Management Guidance. The Company is also pleased to provide a drilling update on its offshore interests in Namibia and Nigeria. View PDF version. Highlights Announced in February 2022 that Venus 1-X well made a major light oil discovery, offshore [...]
- Africa Oil Corp. is pleased to note the press release by its investee company, Impact Oil & Gas Limited , regarding the imminent commencement of a multi-well appraisal and exploration drilling program in Namibia, following the Venus light oil discovery in Block 2913B . Africa Oil holds a 30.9% shareholding in Impact. View PDF Version Highlights Multi-well programme in Namibia due to commence before the end of February [...]
- Africa Oil Corp. will publish its financial and operating results and related management's discussion and analysis for the three months and twelve months ended December 31, 2022, after Toronto market close on Monday, February 27, 2023. View PDF version. Senior management will hold a conference call to discuss the results on Tuesday, February 28, 2023 at 09:00 / 14:00 / 15:00 . The conference call may be accessed by [...]