VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/20/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) is pleased to provide the following report on Horn Petroleum Corp.'s ("Horn") (TSX VENTURE: HRN) Third Quarter 2012 results.
-- During the nine months ended September 30, 2012, Horn increased its investment in intangible exploration assets by $30.0 million. The majority of [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/15/12 -- Africa Oil Corp. (TSX VENTURE: AOI)(OMX: AOI) ("Africa Oil" or the "Company") is pleased to provide the following update on exploration operations in Puntland (Somalia) operated by Horn Petroleum Corp. ("Horn"). Africa Oil holds an approximate 45% equity interest in Horn which in turn holds a 60% working interest in the Dharoor and Nugaal Valley Production [...]
VANOCUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/08/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) is pleased to announce that the company has formally become a Supporting Company of the Extractive Industries Transparency Initiative (EITI) with immediate effect.
Keith Hill, President and CEO of Africa Oil, said, "This is an important step for Africa Oil in reaffirming the [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/05/12 -- Africa Oil Corp. (TSX VENTURE: AOI)(OMX: AOI) ("Africa Oil" or the "Company") is pleased to announce that Dr. Duncan Clarke, Chairman of the 19th Africa Oil Week, presented Africa Oil Corp. with the 'African Independent of the Year' award.
Keith Hill, President and CEO of Africa Oil Corp., commented, "This award means a lot to our company especially given that [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/31/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) reports that following media speculation in Kenya, the Company announces that the Twiga South-1 exploration well in onshore Kenya Block 13T has successfully encountered oil. Drilling is on-going and, as previously stated on October 26 2012, an announcement of the drilling result is [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/26/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) is pleased to report that it has completed the previously announced (July 23, 2012) farmout agreement with New Age (African Global Energy) Limited ("New Age") whereby New Age acquired an additional 25% interest in Africa Oil's Blocks 7 & 8 in Ethiopia, together with operatorship of [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/22/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI) (OMX: AOI) is pleased to announce that it has completed the Kenyan portion of the previously announced (July 23, 2012) farmout agreement with Marathon Oil Corporation ("Marathon Oil") whereby Marathon Oil acquired an interest in two of Africa Oil's Kenyan exploration blocks.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/01/12 -- Africa Oil Corp. (TSX VENTURE: AOI)(OMX: AOI) ("Africa Oil" or the "Company") is pleased to announce the spudding in Kenya of the Paipai-1 exploration well located in onshore Block 10A, on September 29, 2012. The well is planned to drill to a total depth of 4,112 meters and will test Cretaceous and Jurassic sandstone targets. The well is operated by Tullow Oil [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/11/12 -- Africa Oil Corp. (TSX VENTURE: AOI)(OMX: AOI) ("Africa Oil" or the "Company") reports that it has granted an aggregate of 750,000 incentive stock options to an officer of the Company. The options are exercisable, subject to vesting provisions, over a period of three years at a price of $9.90 per share.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/27/12 -- Africa Oil Corp. ("Africa Oil", "the Company" or "AOC") (TSX VENTURE: AOI)(OMX: AOI) is pleased to announce its financial and operating results for the three and six months ended June 30, 2012.
-- In Block 10BB (Kenya), the Company and its partner Tullow Oil plc ("Tullow") completed drilling the Ngamia-1 exploration well to a total depth of 2,340 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/27/12 -- Africa Oil Corp. (TSX VENTURE: AOI)(OMX: AOI) ("Africa Oil" or the "Company") is pleased to provide an update on the drilling program ongoing in Puntland (Somalia).
The Shabeel North-1 well has reached a total depth of 3945 meters and has encountered metamorphic basement at a depth of 3919 meters. The well penetrated 149 meters of interbedded sands and shales [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/24/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) is pleased to announce the following changes to its management team.
Nick Walker will be joining the Company as Chief Operating Officer effective September 10, 2012 based in Calgary. His responsibilities will include overseeing all worldwide operating activities as well as working [...]
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