VANCOUVER, May 17, 2018 /CNW/ - Africa Energy Corp. , an oil and gas company with exploration assets offshore Namibia and South Africa, announces that the Company's President and Chief Executive Officer, Garrett Soden, will be presenting at the Africa E&P Summit in London, United Kingdom on Thursday, May 24, 2018 at 11:05 a.m. British Summer Time. A copy of the presentation will be available on Africa Energy's website [...]
VANCOUVER, May 14, 2018 /CNW/ - Africa Energy Corp. , an oil and gas company with exploration assets offshore Namibia and South Africa, announces that, in accordance with its annual employee incentive policy, the Company has granted an aggregate of 17,565,000 incentive stock options to certain directors, officers, employees and other eligible persons of the Company on May 14, 2018. The options are exercisable, subject to [...]
VANCOUVER, May 11, 2018 /CNW/ - Africa Energy Corp. , an oil and gas company with exploration assets offshore Namibia and South Africa, announces financial and operating results for the three months ended March 31, 2018. HIGHLIGHTS The Company achieved the following key milestones year-to-date in 2018: Private Placement – Completed a private placement for gross proceeds of approximately US$45.0 million, which funds the [...]
/STATES/ VANCOUVER, May 4, 2018 /CNW/ - Africa Energy Corp. , an oil and gas company with exploration assets in South Africa and Namibia, announces the successful closing of the equity issue, on a private placement basis, of common shares in the Company announced on April 25, 2018 . The Private Placement rendered gross proceeds of USD 45 million to the Company through the issuance of 362,390,625 Common Shares at a price [...]
/STATES/ VANCOUVER, April 27, 2018 /CNW/ - Africa Energy Corp. announces that Nasdaq has approved the Company's application for a secondary listing of its common shares on Nasdaq First North Stockholm. In connection with the listing on Nasdaq First North Stockholm, Africa Energy published a company description that has been approved by Nasdaq and is available on the Company's website: www.africaenergycorp.com Africa [...]
/STATES/ VANCOUVER, April 25, 2018 /CNW/ - Africa Energy Corp. , an oil and gas exploration company with assets in South Africa and Namibia, announces that it has successfully completed the book-building for the equity issue, on a private placement basis, of common shares in the Company announced on April 24, 2018 . Africa Energy previously announced the intention to raise gross proceeds of USD 40 million. The Private [...]
/STATES/ VANCOUVER, April 24, 2018 /CNW/ - Africa Energy Corp. , an oil and gas exploration company with assets in South Africa and Namibia, announces that it intends to undertake an equity issue, on a private placement basis, of USD 40 million in newly issued common shares of the Company through an accelerated book-building process . The Company retains the right to increase the size of the Private Placement at its [...]
LONDON, April 24, 2018 /PRNewswire/ -- Six Ministers and two Deputy Ministers of Energy from Burkina Faso, Gabon, Ethiopia, Liberia, Uganda, Zimbabwe, Ghana and Namibia are to arrive in Mauritius from 19-22 June to mark 20th anniversary of the annual Africa Energy Forum . The conference will be hosted in Africa for the first time to celebrate the achievements of Africa's energy community over the last two decades. The [...]
Africa Energy Corp. announces that the Company's President and Chief Executive Officer, Garrett Soden, will be presenting at the Pareto Securities E&P Independents Conference in London, United Kingdom on Thursday, March 15, 2018 at 10:10am Greenwich Mean Time. A copy of the presentation will be available on Africa Energy's website below. About Africa Energy Corp. Africa Energy Corp. is a Canadian oil and gas company [...]
Africa Energy Corp. is pleased to announce both the renewal of Petroleum Exploration License 37 offshore the Republic of Namibia and the signing of a rig contract. The PEL 37 joint venture application for entry into the Second Renewal Period was approved by the Ministry of Mines and Energy in Namibia. The Second Renewal Period is for a period of two years commencing March 28, 2018 and includes an obligation to drill an [...]
Africa Energy Corp. announces that the Company's President and Chief Executive Officer, Garrett Soden, will be presenting at the SpareBank 1 Markets Energy Conference in Oslo, Norway on Thursday, March 1, 2018, at approximately 2:15pm Central European Time. A copy of the presentation will be available on Africa Energy's website below. About Africa Energy Corp. Africa Energy Corp. is a Canadian oil and gas company listed [...]
Africa Energy Corp. has received notice from the Petroleum Agency of South Africa granting a two-year renewal of the Exploration Right for Block 2B offshore the Republic of South Africa. Jan Maier, Africa Energy's VP Exploration, commented, "We are excited to receive notice about the renewal of the Exploration Right for Block 2B so that we can commence operations for the second exploration period. We have recently [...]