Both worth a look Wasa.
AOI fit within my portfolio of East African interests, with their focus being on the Horn of Africa. They operate in Ethiopia, Kenya and Somalia. They are in a JV with CNOOC in Kenya on Block 9 (permit with the Boghal-1 well currently being drilled). In Ethiopa they are directly adjacent to Petronas, who have discovered significant quantities of gas in the Ogaden basin (~4 TCF). Then there's Somalia where AoI are in a JV with Range Resources (ASX:RRS). They are currently trying to farm-out their interest to bring a major on board.
Then the success of the management team will be music to anyones ears. They really know how to turn a speccie into a shining star:
Tanganyika:
2002 - $13.5 million
2008 - Sold to Sinopec $1.3 billion
Valkyries:
2002 - $4 million
2006 - Sold to Lundin $750 million
Lundin:
2002 - $101 million
Present - $2.95 billion
Take a look at their Jan 2010 preso if your interested.
http://www.africaoilcorp.com/i/pdf/AOI_Jan_2010.pdf
Aminex have interests in Tanzania, Egypt, USA and North Korea. Currently drilling a well in the Ruvuma permit in Tanzania with Tullow. They have a 37.5% interest in the permit, with the Likonde structure (currently being drilled) expected to host ~500 mmbbls.
- Forums
- ASX - By Stock
- PCL
- namibia
namibia, page-10
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $130.1M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $6.742K | 422.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 6166303 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1623065 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 6166303 | 0.015 |
12 | 9649538 | 0.014 |
16 | 4364230 | 0.013 |
8 | 5891666 | 0.012 |
8 | 2422544 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1623065 | 3 |
0.017 | 5683435 | 9 |
0.018 | 5387008 | 7 |
0.019 | 3544773 | 6 |
0.020 | 4372224 | 9 |
Last trade - 10.57am 01/10/2024 (20 minute delay) ? |
Featured News
PCL (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online