In a challenging business and investment environment in the energy sector, African Petroleum has adapted to capitalise on our world class acreage position, and to protect and enhance shareholder value...
Deal Completed With Ophir Energy (Dec 2015)
> New PSC covering CI-513 licence in Côte d’Ivoire: better fiscal terms, lower holding costs and an extension to work commitments
> Ophir Energy hold a 45% Operated interest
> African Petroleum receives US$16.9m in cash
> Endorsement of acreage and validation of strategy
AOQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
