Africa Energy Corp. , an oil and gas company with exploration assets offshore South Africa and Namibia, announces that it intends to undertake an equity issue, on a private placement basis, of up to USD 25 million in newly issued common shares of the Company through an accelerated book-building process . View PDF version The Company retains the right to increase the size of the Private Placement at its discretion based on [...]
Africa Energy Corp. announces that a Special Meeting of Shareholders will be held in Canada on Thursday, October 15, 2020 at 9:00 am at Suite 2000, 885 West Georgia Street, Vancouver, British Columbia, V6C 3E8, in order to approve matters related to the recently announced transactions with Impact Oil & Gas Limited and Arostyle Investments Proprietary Limited through which the Company will increase its effective interest [...]
Africa Energy Corp. , an oil and gas company with exploration assets offshore South Africa and Namibia, announces that the Company's President and Chief Executive Officer, Garrett Soden, will be presenting the opening keynote address at Frontier's Africa E&P Virtual Summit today at 9:05 am British Summer Time. View PDF A copy of the presentation will be available on Africa Energy's website below. About Africa Energy Corp [...]
Africa Energy Corp. , an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce spud of the Luiperd-1X well, the second exploration well on Block 11B/12B offshore South Africa following the Brulpadda discovery in February 2019. View PDF version Jan Maier, Africa Energy's VP Exploration, commented: "The Outeniqua Basin offshore South Africa remains an under-explored [...]
VANCOUVER, BC, Aug. 24, 2020 /CNW/ - Africa Energy Corp. , an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce the signing of definitive agreements to increase its effective interest in Block 11B/12B offshore South Africa from 4.9% to 10%. Garrett Soden, the Company's President and CEO, commented: "Block 11B/12B offshore South Africa contains one of the most exciting [...]
Africa Energy Corp. , an oil and gas company with exploration assets offshore South Africa and Namibia, announces financial and operating results for the three and six months ended June 30, 2020. View PDF version Garrett Soden, the Company's President and CEO, commented: "We are excited to begin the next phase of exploration drilling on Block 11B/12B offshore South Africa with spud of the Luiperd-1 well this month [...]
Africa Energy Corp. , an oil and gas company with exploration assets offshore South Africa, is pleased to announce that the Odfjell Deepsea Stavanger semi-submersible rig has departed Bergen, Norway for South Africa to commence the upcoming multi-well drilling program on Block 11B/12B. View PDF version Garrett Soden, the Company's President and CEO, commented: "We are excited to begin the next phase of exploration [...]
Africa Energy Corp. , held its annual general and special meeting of shareholders in Vancouver, British Columbia today. Shareholders voted as follows on the matters before the meeting. View PDF version. Election of Directors Shareholders elected the following five board members to serve on the Company's board of directors until the next annual meeting of shareholders or until their successors are elected or appointed [...]
Africa Energy Corp. , is pleased to announce that its Annual General and Special Meeting of Shareholders will be held in Canada on Thursday, June 11, 2020 at 9:00 am at Suite 2000, 885 West Georgia Street, Vancouver, British Columbia, V6C 3E8 for the following purposes: View PDF version To receive the consolidated audited financial statements and accompanying management discussion and analysis of the Company for the year [...]
Africa Energy Corp. , an oil and gas company with exploration assets offshore South Africa and Namibia, announces financial and operating results for the three months ended March 31, 2020. View PDF version. Garrett Soden, the Company's President and CEO, commented: "Our robust financial position--$26 million in cash, no debt and lean overhead--will allow us to weather the current economic environment brought on by the [...]
Africa Energy Corp. , an oil and gas company with exploration assets offshore South Africa and Namibia, announces financial and operating results for the year ended December 31, 2019. View PDF Version. Garrett Soden, the Company's President and CEO, commented: "Despite the current market volatility triggered by the coronavirus pandemic, 2019 was a transformational year for Africa Energy with the Brulpadda discovery on [...]
Africa Energy Corp. , an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce the execution of two farmout agreements whereby the Company will transfer an aggregate 62.5% participating interest in the Exploration Right for Block 2B offshore South Africa in consideration for a carry through the next exploration well, Gazania-1, which is expected to spud by the end of 2020 [...]
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