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Africa Oil May 2012 presentationpage 3First two wells in program...

  1. alistair4444
    116 Posts.
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    12/05/12
    10:04
    Post #: 10166128
    Africa Oil May 2012 presentation

    page 3

    First two wells in program have made two significant oil
    discoveries in Kenya and Somalia

    page 24

    Shabeel-1 Well Results so far

    Oil shows in Cretaceous Sandstones
    Gross Section: 150 m (~490ft)
    12-20 m Possible Net Pay (Mud & Elogs)
    Shows in deeper sandstones still drilling

    Africa Oil May presentation link
    http://www.africaoilcorp.com/i/pdf/AOI_May_2012.pdf
    RRS Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 21  Upvote
    lightbulb Created with Sketch.  Great analysis
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