VANCOUVER, BC, Nov. 14, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce its operating and interim condensed consolidated financial results for the three and nine months ended September 30, 2023. View PDF

Highlights*

VANCOUVER, BC, Nov. 6, 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 and nine months ended September 30, 2023, after Toronto market close on Tuesday, November 14, 2023. View PDF version

Senior management will hold a conference call to discuss the results on Thursday, November 16, 2023 at 09:00 (ET) / 14:00 (GMT) / 15:00 (CET). The conference call may be accessed by dial in or via webcast.

Participants should use the following … Continue Reading

VANCOUVER, BC, Oct. 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 exercise of stock options under the Company’s stock option plan, Africa Oil now has 462,895,871 common shares issued and outstanding with voting rights as at October 30, 2023.

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria and an exploration/appraisal portfolio … Continue Reading

VANCOUVER, BC, Oct. 4, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce the strategic recruitment of two highly-experienced energy executives to strengthen its leadership team. View PDF Version

Dr Oliver Quinn has been appointed Senior Vice President of Corporate Development and joins the Company from Kosmos Energy. Ms. Joanna Kay has been appointed General Counsel and Corporate Secretary and joins the Company from BW Energy.

They will report directly to Africa Oil’s President and CEO, Dr Roger Tucker, who commented: “I am delighted that our … Continue Reading

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

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.

As a result of the exercise of stock options under the Company’s stock option plan, Africa Oil now has 462,367,871 common shares issued and outstanding with voting rights as at August 28, 2023.

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

VANCOUVER, BC, Aug. 14, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce its operating and interim condensed consolidated financial results for the three and six months ended June 30, 2023. View PDF version

Highlights*

VANCOUVER, BC, July 11, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce that it has entered an agreement to increase its operated working interest (“WI”) in Block 3B/4B, located in the Orange Basin offshore South Africa and on trend with the Venus, Graff, La Rona and Jonker oil discoveries, for an additional 6.25% interest. View PDF version

An independent review of the prospective resources and probability of geological success of an inventory of exploration prospects within Block 3B/4B, has reported … Continue Reading

VANCOUVER, BC, June 26, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) announces that Keith Hill, President and CEO, has informed the Board of his intention to step down from his executive role at Africa Oil. Mr. Hill has led the Company for more than fourteen years and has presided over major milestones, including the Prime Oil & Gas acquisition and the Venus oil discovery offshore Namibia. Under Mr. Hill’s leadership, Africa Oil has grown from a junior explorer to a full-cycle upstream company, and he leaves it … Continue Reading

VANCOUVER, BC, June 20, 2023 /CNW/ – (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce that its investee company, Prime Oil & Gas Coöperatief U.A. (“Prime”), has confirmed the closing of its debt refinancing and thus significantly increasing its debt capacity and extending its debt maturity profile. This supports the distribution of dividends by Prime to its shareholders and, Prime will distribute the first dividend of 2023 for $125.0 million or $62.5 million net to Africa Oil’s 50% shareholding in Prime on June 21, 2023. The closing of … Continue Reading

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