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AOIFF / Africa Oil decides to withdraw from joint venture agreements in Kenya

Africa Oil decides to withdraw from joint venture agreements in Kenya
Africa Oil Corp (TSX:AOI) has announced it is to withdraw from its joint venture agreements and production-sharing contracts in Kenya. The company said it has submitted withdrawal notices to its joint venture partners on Blocks 10BB, 13T, and 10BA, effectively terminating its involvement in these concessions. Read More
Posted: May 23 2023, 08:11
Author Name: Proactive Investors
Views: 111417

AOIFF News  

Africa Oil strengthens executive team with strategic hires

By Proactive Investors
October 4, 2023

Africa Oil strengthens executive team with strategic hires

Africa Oil Corp (TSX:AOI) said it has made two strategic appointments to its executive management team, including Dr Oliver Quinn as senior vice presi more_horizontal

Africa Oil announces positive test results from Namibian operations

By Proactive Investors
September 28, 2023

Africa Oil announces positive test results from Namibian operations

Africa Oil Corp (TSX:AOI) has announced that investee company Impact Oil and Gas Limited reported positive drill stem test (DST) results for the Venus more_horizontal

Africa Oil Corp.'s Promising Future

By Seeking Alpha
September 18, 2023

Africa Oil Corp.'s Promising Future

Africa Oil Corp. has cleaned up its positioning and has the potential to generate substantial shareholder returns. The company had strong financial re more_horizontal

Africa Oil: Doubling Down

By Seeking Alpha
August 21, 2023

Africa Oil: Doubling Down

A drilling campaign should increase production in Nigeria. Africa Oil has already received more cash than it borrowed to obtain the interest in Nigeri more_horizontal

Africa Oil reports ‘robust' 2Q performance as new CEO takes the reins

By Proactive Investors
August 15, 2023

Africa Oil reports ‘robust' 2Q performance as new CEO takes the reins

Africa Oil Corp (TSX:AOI) has confirmed its 2023 management guidance as it released its results for the three months to June 30, 2023, in which it al more_horizontal

Africa Oil to acquire additional stake in block offshore South Africa for $10.5M

By Proactive Investors
July 11, 2023

Africa Oil to acquire additional stake in block offshore South Africa for $10.5M

Africa Oil Corp (TSX:AOI) said it has entered an agreement to buy an additional 6.25% interest in Block 3B/4B in the Orange Basin off the coast of Sou more_horizontal

Africa Oil announces change of president and CEO

By Proactive Investors
June 26, 2023

Africa Oil announces change of president and CEO

Africa Oil Corp (TSX:AOI) has announced that its president and CEO, Keith Hill will be stepping down from his executive role at Africa Oil and that h more_horizontal

Africa Oil says investee company successfully completes debt refinancing

By Proactive Investors
June 21, 2023

Africa Oil says investee company successfully completes debt refinancing

Africa Oil Corp (TSX:AOI) said its investee company, Prime Oil & Gas Cooperatief UA, has successfully completed its debt refinancing, bolstering its more_horizontal


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