"African Petroleum is pleased to have secured an initial farm-in on Block CI-509 and to have
signed a term sheet for Block LB-08. The Company continues to make progress on attracting
additional companies to farm-in to its acreage, and has received a high level of interest in
Côte d’Ivoire, The Gambia and Senegal since the significant discoveries made by Cairn
Energy in Senegal and Total in Côte d’Ivoire during 2014, and Kosmos on the
Mauritania/Senegal border in 2015. African Petroleum remains confident that it will
complete one or more farm-outs during H1 2015."
AOQ Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held