VANCOUVER, BC, May 29, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to note the press release by TotalEnergies announcing the renewal of Oil Mining License (“OML”) 130 for a period of 20 years. Africa Oil has an effective 8% interest in OML 130 through its 50% shareholding in Prime Oil & Gas Coöperatief U.A. (“Prime”). The renewal of OML 130 means that Akpo, Egina and Preowei fields will operate under the terms of the new Petroleum Industry Act (“PIA”), being the first assets to effectively benefit from … Continue Reading

VANCOUVER, BC, May 25, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to report the voting results from the Company’s annual general meeting of shareholders held today in Vancouver, British Columbia. View PDF version.

A total of 176,009,443 common shares were voted at the meeting, representing 38.07% of the votes attached to all the outstanding common shares of the Company. Shareholders voted in favour of all items of business as follows:

Election of Directors

% For

% Withheld

Andrew Bartlett

97.15 %

2.85 %

John Craig… Continue Reading

VANCOUVER, BC, May 23, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) announces that it has submitted withdrawal notices to its joint venture partners on Blocks 10BB, 13T and 10BA in Kenya, to unconditionally and irrevocably, withdraw from the entirety of the joint operating agreements (“JOAs”) and Production Sharing Contracts (“PSCs”) for these concessions. The Company has concurrently submitted notices to Ministry of Energy and Petroleum, requesting the government’s consent to transfer all of its rights and obligations under the PSCs to its remaining joint venture partner. View PDF … Continue Reading

VANCOUVER, BC, May 12, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce its operating and interim consolidated financial results for the three months ended March 31, 2023. View PDF version

Highlights

VANCOUVER, BC, May 5, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) will publish its financial and operating results and related management’s discussion and analysis for the three months ended March 31, 2023, after Toronto market close on Friday, May 12, 2023. View PDF version.

Senior management will hold a conference call to discuss the results on Monday, May 15, 2023 at 09:00 (ET) / 14:00 (BST) / 15:00 (CET). The conference call may be accessed by dial in or via webcast.

Participants should use the following … Continue Reading

VANCOUVER, BC, April 28, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce that it has participated in a USD 95.0 million Open Offer by Impact Oil & Gas Limited (“Impact”), 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 field announced in February 20221. View PDF version.

Africa Oil is the only publicly-listed … Continue Reading

VANCOUVER, BC, April 26, 2023 /CNW/ – (TSX: AOI) (Nasdaq Stockholm: AOI) – Africa Oil Corp. (“Africa Oil” or the “Company”) announces that its Annual General Meeting of Shareholders will be held on Thursday, May 25, 2023 at 10:00 am (Pacific Time) at Suite 2000, 885 West Georgia Street Vancouver, BC, V6C 3E8. View PDF

The purpose of the Meeting is as follows:

VANCOUVER, BC, March 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.

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 Oil now has 462,217,871 common shares issued and outstanding with voting rights as at March 31, 2023.

The … Continue Reading

VANCOUVER, BC, March 31, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) 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

LONDON, March 8, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce that an independent review of the Company’s prospective resources has been completed by RISC Advisory (UK) Limited (“RISC”), in accordance with Canadian National Instrument 51-101 – Standards for Oil and Gas Activities (“NI 51-101”), the Canadian Oil and Gas Evaluation Handbook (“COGE Handbook”) and the Petroleum Resources Management System 2018 (“PRMS”). The effective date of RISC’s report is March 7, 2023. View PDF version

Highlights

VANCOUVER, BC, March 6, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, or the “Company”) 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 (share buyback) program, announced by the Company on September 22, 2022, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 … Continue Reading

VANCOUVER, BC, March 1, 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.

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.

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in … Continue Reading