Africa Oil Corp. (AOI)

Company Overview

Africa Oil Corp. is a Canadian-based company whose common shares are traded on the TSX Venture Exchange and the First North list of the NASDAQ OMX Stock Exchange in Sweden under the symbol "AOI". The Company is an international oil and gas exploration and development company, based in Canada, with oil and gas interests in Kenya, Ethiopia and Puntland (Somalia). AOC's long range plan is to increase shareholder value through the acquisition and exploration of oil and gas assets, located in under-explored geographic areas, in the early phase of the upstream oil and gas life-cycle and maturing them into marketable opportunities for larger oil and gas industry players. The Company is focused on high-impact exploration opportunities and has secured a portfolio of East African oil and gas assets which provide the shareholders exposure to multiple identified prospects and leads, geographically and geologically diversified across three East African countries and four under-explored petroleum systems. Africa Oil's mission is to de-risk this portfolio of oil and gas prospects and leads, while generating additional prospects and leads, through continuous oil and gas exploration activities.

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Contact Information:

Business Address: 2000 - 885 West Georgia Street
Vancouver, BC
V6C 3E8
Mailing Address: 2000 - 885 West Georgia Street
Vancouver, BC
V6C 3E8
Phone: 604 689-7842
Website: -

Company Details:

Market Cap: -
Year of Inc: March 29, 1993
Year Ends: December 31, 2011
Sector: -
Industry: junior natural resource - oil and gas
Employees: -
CEO: -


Dispute Between Authorities Brings Down Africa Oil Corp. (CVE:AOI) (PINK:AOIFF) June 14, 2012

Africa Oil Corp. ( CVE:AOI ) (PINK:AOIFF) stock price got affect by a dispute between the local authorities concerning the distribution of would be royalties from the company's oil sales. AOI share price collapsed nearly 15% in what seems to be a slightly exaggerated panic. The trading volume wasn't too significant though at 2.2 million, which was only slightly above the daily average of 1.7 million. Still, troublesome news were out forcing the price down and the bearish effect more

Africa Oil Corp. (CVE:AOI) (PINK:AOIFF) Gets Some More Bullish Action May 09, 2012

Africa Oil Corp. ( CVE:AOI ) (PINK:AOIFF) share price slipped higher on a bullish note today still carrying the weight of the recent additional oil discoveries in Kenya. AOI stock continues to gain value today and already secured 10% during the first half of the session. The trading activity is over the top as well - 2.8 million shares changed hand thus far, which is already significantly above the daily average turnover of 1.5 million. The stock got very popular a couple of days more

Africa Oil Corp. (CVE:AOI) (PINK:AOIFF) Hits New Multiyear High May 02, 2012

Africa Oil Corp. ( CVE:AOI ) (PINK:AOIFF) stock price hit a new high and bulls rushed to make use of the technical breakout. AOI share price was up 13.5% nearing end of the session. The accompanying trading volume topped 2.5 million, which was roughly twice the average turnover of 1.3 million. With today's move AOI broke out to a new multiyear high and this might attract significant attention on technical terms alone. The price has support at $5.70 per share in case of more


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