Exiting times a head, i guess the coming week is the last time the share will be traded below NOK 2.
Farm out in The Gambia/Senegal in Q1, as guided?
Commenting on today’s announcement, Jens Pace, CEO of African Petroleum said:
“We are pleased to have signed this new PSC with Ophir Energy who bring a wealth of experience and technical expertise to Block CI-513 in Côte d’Ivoire. We look forward to working with Ophir Energy and Petroci to jointly explore the potential of this exciting block.
Successful completion of this transaction has been the key priority for the management team and we believe this transaction endorses our acreage and importantly our strategy by highlighting that there remains an industry appetite for world class exploration of this type despite the prevailing industry headwinds. We now shift our focus to completion of further deals on our acreage in Senegal and the Gambia.”
AOQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
