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Africa Oil Corp (AOI.TO)

AOI.TO on Toronto Stock Exchange

1.42CAD
8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Africa Oil Corp acquires shares of Eco (Atlantic) Oil and Gas Ltd
Friday, 17 Nov 2017 

Nov 16 (Reuters) - Africa Oil Corp :Africa Oil Corp. acquires shares of Eco (Atlantic) Oil and Gas Ltd..Africa Oil Corp - ‍Acquired 29.2 million common shares of Eco (Atlantic) Oil and Gas for CAD$0.48 per common share​.Africa Oil Corp - ‍Common shares acquired by Africa oil, represent approximately 19.77% Eco's issued and outstanding share capital​.  Full Article

Africa Oil incurred $11.9 mln of intangible exploration expenditures in Kenya in Q1
Saturday, 14 May 2016 

Africa Oil Corp : Incurred $11.9 million of intangible exploration expenditures in kenya for three months ended march 31, 2016 .Africa oil 2016 first quarter financial and operating results.  Full Article

Africa oil continues to push forward for development sanction during 2017
Tuesday, 10 May 2016 

Africa Oil Corp : Africa oil announces significant increase 2C oil resources . Independent assessment of contingent resources in south lokichar basin in Kenya has been completed .Continue to push forward for development sanction during 2017.  Full Article

UPDATE 1-Kenya plans $1 bln dual listing of National Oil Corp by early 2019

NAIROBI, Nov 29 Kenya plans to raise $1 billion by listing its National Oil Corporation at home and on the London Stock Exchange by early 2019, to buy a share of two oil blocks held by Tullow and its partners, a senior government official said on Wednesday.