Africa Oil Corp.

- Africa Oil Corp. is pleased to announce the posting of its 2021 statement of reserves on SEDAR as part of its Annual Information Form. This disclosure is based on an independent reserves evaluation, effective 31 December 2021, prepared by RISC Limited for Africa Oil in accordance with Canadian National Instrument 51-101 - Standards for Oil and Gas Activities and the Canadian Oil and Gas Evaluation Handbook . Africa [...]

- Africa Oil Corp. announces that the 2021 Annual Filings Document is available for download from the Company's website: https://www.africaoilcorp.com/investors/meeting-materials-corporate-filings/ . View PDF The information in this release is subject to the disclosure requirements of Africa Oil under the Swedish Markets Act. The information was submitted for publication, through the agency of the contact persons set out [...]

- Africa Oil Corp. is pleased to announce its operating and consolidated financial results for the three months and the year ended December 31, 2021, together with its 2022 Management Guidance. The Company is also pleased to announce the introduction of a regular shareholder dividend policy as part of its commitment to returning excess capital to its shareholders. View PDF Highlights Record full-year net income of $190.7 [...]

is pleased to note the press release by TotalEnergies, the operator of Block 2913B, offshore Namibia. Africa Oil has an indirect interest in this block through a 30.9% shareholding in its investee company Impact Oil & Gas Limited with a 20% working interest in the block. View PDF Version "TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the [...]

- Africa Oil Corp. will publish its financial and operating results and related management's discussion and analysis for the three months and twelve months ended December 31, 2021, after Toronto market close on Monday, February 28, 2022. View PDF Version Senior management will hold a conference call to discuss the results on Tuesday, March 1, 2022 at 10:00 / 16:00 . The conference call may be accessed by dial in or via [...]

- Africa Oil Corp. is pleased to announce a number of positive amendments to its Corporate Facility. View PDF Version All lenders have approved increasing the available amount to $100 million from the current unutilised amount of $62 million, and extending the availability period to December 31, 2022, from May 13, 2022. The Corporate Facility maturity date of May 13, 2024, and interest margins are unchanged. The lenders [...]

Africa Oil Corp. 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 exercise of 188,000 stock options under the Company's stock option plan, the Company now has 474,655,355 common shares issued and outstanding with voting rights as at December 31, 2021. About Africa Oil Africa Oil Corp. is a Canadian oil and gas [...]

Africa Oil Corp. … Chairman of the Board, John Craig publishes a letter to the shareholders. View PDF version Dear Africa Oil shareholders, I am pleased to write to you as we near end of 2021, a very strong year for your company. Our success is underpinned by our investment in Prime Oil and Gas Cooperatief UA . With its strong production and cash flow performance, Prime has served us very well during the most volatile and [...]

- Africa Oil Corp. is pleased to note the press release by its investee company Impact Oil & Gas Limited regarding Venus-1X exploration well. View PDF version Impact has announced the spud of the Venus-1X offshore exploration well in Namibia Block 2913B . This, together with the adjacent Block 2912, are held through Impact's wholly owned subsidiary, Impact Oil and Gas Namibia Ltd. Both blocks are operated by [...]

- Africa Oil Corp. is pleased to announce that it has received a dividend from Prime Oil and Gas Cooperatief UA . View PDF version. Prime has distributed a US$100 million dividend with a net payment to Africa Oil of US$50 million related to its 50% shareholding. Since acquiring its 50% shareholding in Prime for a cash consideration of $520 million in January 2020, Africa Oil has received ten dividends from Prime for a [...]