Africa Oil Corp. announced Tuesday that estimated gross 2C unrisked resources in Kenya's South Lokichar Basin have increased by 150 million barrels, or 24 percent, to 766 million barrels of oil, according to an independent assessment completed by ...
Canadian-owned Africa Oil Corporation, the partner of Tullow in Turkana's exploration fields has received regulatory approval to sell half of its stake in three Kenyan blocks to Maersk Oil & Gas of Denmark which is owned by the Maersk Group.
Africa Oil Corp. logo Africa Oil Corp. (TSE:AOI) had its price objective dropped by research analysts at Royal Bank Of Canada from C$3.00 to C$2.70 in a research report issued to clients and investors on Thursday.
Africa Oil Corp. (TSE:AOI) is set to issue its quarterly earnings data after the market closes on Thursday, May 12th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter.