 | |||
 | |||
  |
 First Quarter 2008 To our Shareholders, Africa Oil Corp. holds an 80% interest in two large oil exploration licenses encompassing the Dharoor and Nogal Valleys in the state of Puntland in northern Somalia. Both blocks are considered world-class exploration plays with petroleum systems geologically similar to and formerly contiguous with those in the prolific oil producing Republic of Yemen. Dharoor and Nogal Oil Exploration Projects, Puntland A comprehensive seismic acquisition program is currently underway on the Dharoor Block. Previous seismic coverage on the Block was insufficient to define a drillable prospect and, therefore, the Company designed a survey of approximately 2,600 kilometres of 2D data to cover the prospective areas of the concession. IMC/Tesla were the successful bidders on the project. Their crew and equipment was mobilized to the project area and seismic recording will begin in mid-June. (more) 2007 Annual Report To our Shareholders, Africa Oil Corp. holds an 80% interest in two large oil exploration licenses encompassing the Dharoor and Nogal Valleys in the state of Puntland in northern Somalia. Both blocks are considered world-class exploration plays with petroleum systems geologically similar to and formerly contiguous with those in the prolific oil producing Republic of Yemen. During the year, the Company made excellent progress advancing its exploration efforts on these two highly prospective concessions. (more) Third Quarter 2007 To our Shareholders: Africa Oil Corp. (the "Company" or "Africa Oil") is pleased to present this report to shareholders on the activities of the Company during the third quarter period ended September 30, 2007. Dharoor and Nogal Oil Exploration Projects, Puntland, Somalia. The Company holds an 80% interest in two large oil exploration licenses encompassing the highly prospective Dharoor and Nogal Valleys in the state of Puntland in northern Somalia. Both blocks are considered world-class exploration plays with petroleum systems geologically similar to and formerly contiguous with those in the prolific oil producing Republic of Yemen. (more) Second Quarter 2007 To our Shareholders: Africa Oil Corp. (the "Company" or "Africa Oil") is pleased to present this report to shareholders on the activities of the Company during the second quarter period ended June 30, 2007. Dharoor and Nogal Oil Exploration Projects, Puntland The Company holds an 80% interest in two licenses encompassing the highly prospective Dharoor and Nogal Valleys in the state of Puntland in northern Somalia. Both blocks are considered world-class exploration plays with petroleum systems geologically similar to and formerly contiguous with those in the prolific oil producing Republic of Yemen. (more) First Quarter 2007 To our shareholders: Africa Oil Corp. (the "Company" or "Africa Oil") is pleased to present this report to shareholders on the activities of the Company during the first quarter period ended March 31, 2007. Dharoor and Nogal Oil Exploration Projects, Puntland It was an active first quarter for the Company. Africa Oil was launched as an international oil and gas company with world-class exploration assets through the acquisition of an 80% interest in two licenses encompassing the highly prospective Dharoor and Nogal Valleys in the state of Puntland in northern Somalia. Both blocks are considered world-class exploration plays with petroleum systems geologically similar to and formerly contiguous with those in the prolific oil producing Republic of Yemen. (more) 2006 Annual Report To our shareholders: Africa Oil Corp. (the "Company" or "Africa Oil") is pleased to present this report to shareholders on the activities of the Company during the 2006 fiscal period ended December 31, 2006. World-Class Oil Exploration in Puntland, Somalia Over the past six months Africa Oil has been established as an international oil and gas company with world-class exploration assets. In January of 2007, Africa Oil entered into Production Sharing Agreements and Joint Venture Agreements, acquiring an 80% interest in two licenses. These encompass the highly prospective Dharoor and Nogal Valleys in the state of Puntland, northern Somalia. Both blocks are considered world-class exploration plays with petroleum systems geologically similar to and formerly contiguous with those in the prolific oil producing Republic of Yemen. (more) |
||
| Corporate | Projects | Investors | News | Contact | QwikReport | Home © 2007 Africa Oil Corp. - All Rights Reserved.  | ||