Africa Oil Corp. (T:AOI)
Business Focus: Oil & Gas Exploration and Production (NEC)
Mostly sunny as of September 01, 2023
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Insider Filings
Latest 10 SEDI filings for AOI within the last 6 months
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Company News
Sep 28, 2023 02:00 ET
AFRICA OIL ANNOUNCES POSITIVE UPDATE ON NAMIBIA OPERATIONS
VANCOUVER, BC, Sept. 28, 2023 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") notes the press release by its investee company, Impact Oil and Gas Limited ("Impact") and is pleased to announce positive drill stem test ("DST") results for the Venus-1X well, the major light oil discovery on Block 2913B. The Company also provides further update on exploration and appraisal activities on Block 2913B and 2912, both located in the Orange Basin, offshore Namibia. View PDF Version
Aug 31, 2023 18:00 ET
AFRICA OIL SHARE CAPITAL AND VOTING RIGHTS UPDATE
VANCOUVER, BC, August 31, 2023 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", or the "Company") reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. View PDF version.
Valuation Ratios
Industry
Sector
Beta
1.47
--
--
Price to Sales - TTM
--
4.27
3.78
Price to Book - most recent quarter
0.99
1.59
1.79
Price to Cash Flow per share - TTM
--
4.69
5.03
Price to Free Cash Flow per share - TTM
--
14.40
14.93
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 803,591 | -189,429 |
| Aug 31, 2023 | 993,020 | -251,657 |
| Aug 15, 2023 | 1,244,677 | -64,963 |
Business Summary
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
Africa Oil Corp. is a Canada-based oil and gas exploration company with producing and development assets in deep-water offshore Nigeria, and development assets in Kenya. The Company also has a portfolio of exploration assets in Guyana, Kenya, Namibia, Nigeria, South Africa and in the Senegal Guinea Bissau Joint Development Zone (AGC). The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A.(Prime), Africa Energy Corp., Eco (Atlantic) Oil & Gas Ltd. and Impact Oil and Gas Ltd. The Company also holds a 27.5% participating interest in the offshore Exploration Right for Block 2B in South Africa. The Company holds an 8% interest in block OML 127 containing the Agbami Field and a 16% interest in OML 130 containing the Akpo field and the Egina field.
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