africa oil corp (AFZ:Frankfurt)
africa oil corp (AFZ) Snapshot
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Open
€4.97
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Previous Close
€5.11
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Day High
€5.11
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Day Low
€4.97
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52 Week High
05/29/12 - €9.02
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52 Week Low
04/19/13 - €4.20
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Market Cap
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Average Volume 10 Days
1.5K
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EPS TTM
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Shares Outstanding
0.0
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EX-Date
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P/E TM
--
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Dividend
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Dividend Yield
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Related News
africa oil corp (AFZ) Related Businessweek News
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Africa Oil Corp., an exploration stage company, engages in the exploration, development, and production of oil and gas. The company holds interests in approximately 250,000 square kilometers of exploration property throughout various African rift basins, focusing primarily on East Africa. It owns interests in exploration licenses in Kenya, Ethiopia, and Somalia. The company was formerly known as Canmex Minerals Corporation and changed its name to Africa Oil Corp. in August 2007. Africa Oil Corp. was incorporated in 1983 and is headquartered in Vancouver, Canada.
africa oil corp (AFZ) Top Compensated Officers
africa oil corp (AFZ) Key Developments
Africa Oil Corp. announced that Tullow Oil Plc, the operator of Block 10BB in Kenya, has commenced drilling at the Etuko (formerly Kamba) prospect. This well will target a new play area in the Lockichar Basin where a working petroleum system has been confirmed by recent discoveries at Ngamia and Twiga. The well will focus on the 'eastern flank play' where oil was discovered in 1992 by Shell at the Loperot-1 well. The primary objectives will be the Lower Lokhone and Auwerwer sands, both of which have been shown to be high quality reservoirs containing oil in existing wells. The gross best estimate of prospective resources for the prospect are 231 million barrels of oil based on a third-party Competent Person's Report. The well is expected to take approximately 60 days to drill and evaluate. Testing operations continue on the Ngamia #1 well, also in Block 10BB in Kenya, and drilling operations continue on the Sabisa #1 well in the South Omo Block in Ethiopia. A result for Sabisa is expected in late May and Ngamia testing completed in early June.
Africa Oil Corp. announced that at its AGM to be held on June 3, 2013, the shareholders proposed to alter the company's Articles to include advance notice provisions.
Africa Oil Corp Presents at Citi's Global Energy and Utilities Conference, May-14-2013 11:45 AM. Venue: Hyatt Regency, One Avenue De Lafayette, Boston, Massachusetts, United States. Speakers: Keith C. Hill, Chief Executive Officer, President, Director and Member of Reserves Committee.
| Recently Viewed | |||
| AFZ:GR | €5.11 EUR | -0.002 | |
| Company | Last | Change |
| Anadarko Petroleum Corp | $91.23 USD | 0.00 |
| CNOOC Ltd | $14.42 HKD | -0.06 |
| Jacka Resources Ltd | A$0.12 AUD | +0.005 |
| Ophir Energy PLC | 412.90 GBp | +29.80 |
| Total SA | €39.49 EUR | +0.16 |
| View Industry Companies | ||
Industry Analysis
AFZ
Industry Average
| Valuation | AFZ | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 3.5x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact AFRICA OIL CORP, please visit www.africaoilcorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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