Africa Energy Corp. is pleased to announce that it intends to complete a non-brokered private placement of up to 988,000,000 common shares to be sold at a purchase price of Canadian $0.02 per Share for aggregate gross proceeds of up to approximately US$13,750,000 . View PDF version In connection with the Private Placement, certain lenders under the [...]
Africa Energy Corp. announces that the Company and Arostyle Investments Proprietary Ltd. have entered into a non-binding agreement to restructure their joint investment in Main Street 1549 Proprietary Ltd. , which currently has a direct 10% participating interest in Block 11B/12B offshore South Africa. View PDF version The Company owns 49% of the [...]
Africa Energy Corp. announces that the Company, through its investment in Main Street 1549 Pty Ltd. , has formally become the operator of Block 11B/12B offshore South Africa. View PDF version Main Street is currently in the process of obtaining all the important information from the previous operator, including drilling, reservoir and development [...]
Africa Energy Corp. , an oil and gas exploration company, announces corporate update and financial and operating results for the three and nine months ended September 30, 2024. View PDF version FINANCIAL AND OPERATIONAL UPDATE The Company's financial results for the nine months ended September 30, 2024 have been negatively impacted by a US$97.4 [...]
Africa Energy Corp. has engaged Bergs Securities AB as its certified advisor on the Nasdaq First North Growth Market in Stockholm, replacing Aktieinvest FK AB. View PDF version About Africa Energy Corp. Africa Energy Corp. is a Canadian oil and gas exploration company focused on South Africa. The Company is listed in Toronto on TSX Venture Exchange [...]
Africa Energy Corp. announces that the joint venture partners in respect of Block 11B/12B, Offshore the Republic of South Africa, have obtained an extension to the deadline for the submission of the Environmental Impact Assessment Report to May 19, 2025. View PDF version In light of the withdrawal of the joint venture partners as announced July 29 [...]
Africa Energy Corp. , an oil and gas exploration company, announces corporate update and financial and operating results for the three and six months ended June 30, 2024. View PDF version FINANCIAL AND OPERATIONAL UPDATE The Company's financial results for the six months ended June 30, 2024 have been negatively impacted by a US$70.2 million [...]
Africa Energy Corp. announces that TotalEnergies EP South Africa B.V. and QatarEnergy International E&P LLC have provided notice to the joint venture partners that they will withdraw from their 45% and 25% interest, respectively, in accordance with the joint operating agreement in respect of Block 11B/12B, Offshore the Republic of South Africa [...]
Africa Energy Corp. announces that CNR International Limited has provided notice to the joint venture partners that it will withdraw from its 20% interest in accordance with the joint operating agreement in respect of Block 11B/12B, Offshore the Republic of South Africa . View PDF version Under the JOA, the other parties to the joint venture may [...]
Africa Energy Corp. held its annual general and special meeting of shareholders in Vancouver, British Columbia today , and all resolutions were passed. View PDF version Shareholders voted as follows on the matters before the meeting: Election of Directors Shareholders elected the following six board members to serve on the Company's board of [...]
Africa Energy Corp. is pleased to announce that its Annual General and Special Meeting of Shareholders will be held in Canada on Thursday, June 20, 2024, at 9:00 am at Suite 2500, 666 Burrard Street, Vancouver, British Columbia, V6C 2X8 for the following purposes: View PDF version To receive the consolidated audited financial statements and [...]
Africa Energy Corp. , an oil and gas exploration company, announces corporate update and financial and operating results for the three months ended March 31, 2024. View The Company's financial results for the three months ended March 31, 2024, have been negatively impacted by a US$23.1 million non-cash loss on revaluation of our investment in Block [...]
