Africa Oil Corp.

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/21/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) is pleased to announce the spudding in Kenya of the Twiga South-1 exploration well located in onshore Block 13T, today, Tuesday, August 21, 2012. The well is planned to a total depth of 3,114 meters and targets the same structural trend and reservoirs as the recent Ngamia-1 oil [...]

Horn Petroleum provides the following update on the Shabeel North well in Puntland. Further to the recent announcement on the testing of the upper Jesomma sand reservoir which yielded fresh water, the well continued drilling through the entire Jesomma reservoir section and had reached a depth of 2200 meters. The section contained several additional sands with oil and gas shows and a full set of electrical logs was run to [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/23/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) is pleased to announce that it has signed a definitive farmout agreement with Marathon Oil Corporation ("Marathon Oil") whereby Marathon Oil will acquire the rights to obtain an interest in two of Africa Oil's Kenyan exploration blocks.

Under the terms of the farmout agreement [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/23/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) provides the following update on the Shabeel North well in Puntland, Somalia which is being drilled by operator Horn Petroleum Corp. ("Horn"). Africa Oil holds an approximate 45% equity interest in Horn.

An open hole Drill Stem Test (DST) was conducted over a 50 metre gross interval [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/18/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) reports that the Horn Petroleum Corporation operated Shabeel North well is currently at a depth of 1967 meters and has penetrated a 50 meter gross section of upper Jesomma sands with oil shows. An open hole drill stem test is currently underway to determine if this zone is oil or water [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/04/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) is pleased to provide the following update on the Company's exploration activities in Kenya and Ethiopia.

The Ngamia-1 wildcat well in Kenya Block 10BB has now been drilled to a total depth of 2,340 meters, has made a significant light oil discovery and is now being suspended for [...]

Africa Oil reports that the Horn Petroleum Corporation ("Horn Petroleum") private placement announced on May 22, 2012 has closed. Horn Petroleum sold on a non-brokered private placement basis an aggregate of 18.75 million units at a price of $0.80 per unit for gross proceeds of $15 million. The private placement has received regulatory approval and the securities have been issued to the investors.

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/05/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) is pleased to announce the commencement of drilling operations on the Shabeel North well in Puntland, Somalia, the second well in the current drilling campaign. The well is being operated by Horn Petroleum Corp. ("Horn") in which Africa Oil holds an interest of approximately 51%. Horn [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/31/12 -- Africa Oil Corp. (TSX VENTURE: AOI)(OMX: AOI) ("Africa Oil" or the "Corporation") is pleased to report that at the Corporation's Annual General Meeting held today in Vancouver, shareholders approved all of the resolutions put forward at the meeting, namely:


1. Approved the consolidated audited financial statements of the
Corporation for the year ended [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/28/12 -- Africa Oil Corp. (TSX VENTURE: AOI)(OMX: AOI) ("Africa Oil", "the Company" or "AOC") is pleased to announce its financial and operating results for the three months ended March 31, 2012.


-- The Company and its operating partner on Block 10BB, Tullow, spudded the
partnership's first well, Ngamia-1, on January 24, 2012. The Ngamia-1
exploration well in [...]