AOI.TO - Africa Oil Corp.

Toronto - Toronto Delayed Price. Currency in CAD
1.2800
-0.0800 (-5.88%)
At close: 3:59PM EST
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Previous Close1.3600
Open1.3100
Bid1.2800 x 0
Ask1.2900 x 0
Day's Range1.2600 - 1.3100
52 Week Range1.0200 - 1.4300
Volume184,812
Avg. Volume126,185
Market Cap603.154M
Beta (3Y Monthly)1.89
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • CNW Group

    Africa Oil 2019 Third Quarter Financial and Operating Results

    VANCOUVER , Nov. 13, 2019 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) - Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019 . Subsequent to end of the quarter the Company announced it had entered into an amendment to the share purchase agreement (the "Amended SPA") signed on October 31, 2018 , between Petrobras International Braspetro B.V. and Petrovida Holding B.V. ("Petrovida"), a company formed to acquire an ownership interest in Petrobras Oil and Gas B.V. ("POGBV"). Consequently, Africa Oil will be the sole acquirer of the 50% interest in POGBV, having increased its ownership in Petrovida to 100%.

  • CNW Group

    Africa Oil Enters Into Amended Agreement to Increase its Interest in Deepwater Nigeria Fields

    VANCOUVER, Nov. 1, 2019 /CNW/ - (AOI–TSX, AOI–Nasdaq Stockholm) – Africa Oil Corp. ("AOI", "Africa Oil" or "the Company") is pleased to announce that it has entered into an amendment to the share purchase agreement (the "Amended SPA") signed on October 31st, 2018, between Petrobras International Braspetro BV ("PIBBV") and Petrovida Holding B.V. ("Petrovida"), the company formed by the consortium of  Africa Oil, Delonex Energy Ltd. ("Delonex") and Vitol Investment Partnership II Ltd. ("Vitol") to acquire an ownership interest in Petrobras Oil and Gas B.V. ("POGBV"). This follows Vitol and Delonex decisions to withdraw from the previously announced purchase of 50% of the share capital of POGBV.

  • CNW Group

    Africa Oil Announces Second Oil Discovery Offshore Guyana

    VANCOUVER , Sept. 16, 2019 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) … Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce a second large oil discovery on the Orinduik ...

  • CNW Group

    Africa Oil Announces London Office Opening and Management and Board Member Change

    VANCOUVER, Sept. 3, 2019 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) … Africa Oil Corp. ("Africa Oil" or the "Company") reports that it has opened a new corporate office in Central London as of September 1, 2019.  Three senior management staff will be relocating to London including Keith Hill (CEO), Tim Thomas (COO) and Paul Martinez (VP Exploration).  The technical and accounting staff and function will continue to be located in the Company's existing Calgary office.  This relocation is designed to facilitate greater access to the investment community, partners in our existing ventures and deal flow in the current highly prospective growth market for oil and gas assets. View PDF version. In addition to these relocations, Africa Oil is adding two key staff members to its management team.

  • CNW Group

    Africa Oil Announces Spud of Joe-1 Well Offshore Guyana

    VANCOUVER , Aug. 27, 2019 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) … Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce that drilling of the Joe prospect has commenced ...

  • CNW Group

    Africa Oil 2019 Second Quarter Financial and Operating Results

    VANCOUVER , Aug. 14, 2019 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) … Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce its financial and operating results for the ...

  • CNW Group

    Africa Oil Announces Major Oil Discovery Offshore Guyana

    VANCOUVER, Aug. 12, 2019 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) … Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce a significant oil discovery on the Orinduik Block, offshore Guyana. Evaluation of logging data confirms that the Jethro-1 is the first discovery on the Orinduik licence and comprises high quality oil-bearing sandstone reservoir of Lower Tertiary age. The Jethro-1 well confirms the continuance of the petroleum system onto the Orinduik Block, up dip from the prolific discoveries on the neighbouring Exxon operated Stabroek Block.  The well has resulted in a mitigation of risk in terms of the presence of quality reservoir sands, seal and trap.  There are multiple drilling targets on the block with similar geophysical characteristics and the Stena Forth drill ship is moving immediately to its next target, Joe-1.

  • CNW Group

    Africa Oil Announces Jethro-Lobe Spud Offshore Guyana

    VANCOUVER, July 5, 2019 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) … Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce that drilling operations have commenced offshore Guyana with the spudding of the first exploration well on the Jethro-Lobe prospect on the Orinduik Block. Jethro-Lobe was spud at 22:45 (local Guyana time) on July 4, 2019 using the Stena Forth drillship. Partners on the Orinduik Block comprise Tullow Guyana B.V. ("Tullow", Operator, 60% Working Interest ("WI"), Total EP Guyana BV ("Total", 25% WI) and Eco (Atlantic) Oil & Gas Ltd. ("Eco", 15% WI).  Africa Oil holds an approximately 18.8% equity interest in Eco.

  • Africa Oil Announces Farmin to Azinam Block 3B/4B In South Africa
    CNW Group

    Africa Oil Announces Farmin to Azinam Block 3B/4B In South Africa

    VANCOUVER, July 3, 2019 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce that its wholly-owned subsidiary, Africa Oil SA Corp., has entered into a definitive farmout agreement with Azinam Limited ("Azinam"), the Seacrest Capital-backed South West African-focussed oil & gas exploration company, whereby Africa Oil will acquire a 20% participating interest and operatorship in the Exploration Right for Block 3B/4B, offshore South Africa. The Block is located along-trend of an emerging Mid-Cretaceous oil play where operators are planning to drill several key exploratory wells that have the potential to be play-openers for a world-class petroleum province.  Partners have identified an inventory of leads and prospects from an existing 10,020 square kilometer 3D survey that encompasses a majority of the Block.

  • CNW Group

    Africa Oil Announces Heads of Terms Signed for First Ever Oil Development in Kenya

    VANCOUVER, June 26, 2019 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) … Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce that Heads of Terms agreements with the Government of Kenya and joint venture partners, Africa Oil, Tullow Oil plc and TOTAL S.A. have been signed for the development of the oil fields in the South Lokichar Basin.

  • CNW Group

    Africa Oil 2019 First Quarter Financial and Operating Results

    VANCOUVER , May 9, 2019 /CNW/ -   (AOI–TSX, AOI–Nasdaq-Stockholm) … Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce its financial and operating results for the ...

  • CNW Group

    Africa Oil Announces Voting Results from Annual General and Special Meeting

    VANCOUVER, April 18, 2019 /CNW/ - Africa Oil Corp. (AOI–TSX, AOI–Nasdaq-Stockholm) ("Africa Oil" or the "Company") held its annual meeting of shareholders in Vancouver, British Columbia today. Shareholders voted as follows on the matters before the meeting: View PDF Version. Shareholders reappointed PricewaterhouseCoopers LLP as auditor of the Company for the upcoming year and authorized the directors of the Company to fix the remuneration of the auditor.

  • CNW Group

    Africa Oil acquires additional shares of Eco (Atlantic) Oil and Gas

    VANCOUVER , April 10, 2019 /CNW/ -  Africa Oil Corp. (AOI–TSX, AOI–Nasdaq-Stockholm)  ("Africa Oil" or the "Company") announced today that it had acquired 4,752,850 common shares of ...

  • CNW Group

    Africa Oil Announces Share Capital Update

    VANCOUVER, March 29, 2019 /CNW/ - Africa Oil Corp. (AOI–TSX, AOI–Nasdaq-Stockholm) ("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 issuance of 646,800 common shares in connection with the settlement of restricted share units and performance share units under the Company's long-term incentive plan during the month, the number of issued and outstanding shares of the Company has increased to 471,214,419 common shares with voting rights as at March 29, 2019. Africa Oil Corp. is a Canadian oil and gas company with assets in Kenya and Ethiopia and has recently signed an agreement to acquire an interest in a producing asset in deepwater Nigeria.

  • CNW Group

    Africa Oil's Annual General and Special Meeting of Shareholders to be Held on April 18, 2019

    VANCOUVER, March 22, 2019 /CNW/ - Africa Oil Corp. (TSX Venture: AOI) (Nasdaq First North: AOI) ("Africa Oil" or the "Company") is pleased to announce that its Annual General and Special Meeting of Shareholders will be held on Thursday, April 18, 2019 at 10:00 am (Pacific Time) at Suite 2000, 885 West Georgia Street Vancouver, BC, V6C 3E8. The Notice of Meeting, Management Information Circular, and related meeting materials are now available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.africaoilcorp.com. Africa Oil Corp. is a Canadian oil and gas company with assets in Kenya and Ethiopia and has recently signed an agreement to acquire an interest in a producing asset in deepwater Nigeria.

  • CNW Group

    Africa Oil 2018 Fourth Quarter and Full Year Financial and Operating Results

    VANCOUVER , Feb. 28, 2019 /CNW/ -   (AOI–TSX, AOI–Nasdaq-Stockholm) … Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce its financial and operating results for ...

  • CNW Group

    Africa Oil announces significant discovery and opening of new petroleum province offshore South Africa

    VANCOUVER, Feb. 7, 2019 /CNW/ - Africa Oil Corp. (TSX Venture: AOI) (Nasdaq First North: AOI) ("Africa Oil" or the "Company") is pleased to announce a significant discovery at the Brulpadda-1AX well on Block 11B/12B offshore South Africa. Africa Oil holds an indirect interest in the project as a result of its equity interest in Africa Energy (35%) and Impact Oil and Gas (30%). The well encountered a total of 57 meters of net gas condensate pay over two Lower Cretaceous high-quality reservoirs. Core samples were taken in the upper reservoir, and a comprehensive logging and sampling program was performed over both reservoirs.

  • CNW Group

    Africa Oil Announces Additional Investment in Impact Oil and Gas

    The Company has entered into a subscription agreement (the "Subscription Agreement") with Impact providing for the exercise by AOC of the 50,343,961 ordinary share purchase warrants in Impact held by AOC at an exercise price of £0.18 per warrant and the purchase by AOC of ordinary shares of Impact in an aggregate amount of US$6.3 million.

  • ACCESSWIRE

    Today's Research Reports on Chinook Energy, Ikkuma Resources, Africa Oil and Pine Cliff Energy

    NEW YORK, NY / ACCESSWIRE / December 17, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • ACCESSWIRE

    Today's Research Reports on Africa Oil, PrairieSky Royalty, Husky Energy and Suncor Energy

    NEW YORK, NY / ACCESSWIRE / November 20, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...