TSXV: AOI       Africa Oil Corp
Last Price Today's Change   Day's Range   Trading Volume
1.20   +0.01 (0.84%)  1.18 - 1.21  43,649


Avg Volume (4 weeks):0
52 Weeks Range:1.02 - 1.21
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Africa Oil Corp. (AOC) is a Canada-based independent international upstream oil and gas exploration company. The Company has oil and gas interests in Kenya, Ethiopia and Puntland (Somalia). The Company holds interests in over 215,000 square kilometers (gross) of exploration property throughout several African rift basins, focusing primarily on East Africa. The Company's blocks 10BA, 10BB, 12A, 13T, South Omo, and the Rift Basin Area are located in the East African Tertiary Rift trend which is an extension of the productive trend established in the Lake Albert area of Uganda where more than 1 billion barrels of recoverable oil has been discovered. Blocks 9 provide exposure to the Cretaceous Rift system that is productive in Sudan, where more than 6 billion barrels of recoverable oil have been discovered.

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