Africa Energy Reports First Quarter 2020 Results
VANCOUVER, May 6, 2020 /CNW/ – Africa Energy Corp. (TSX Venture: AFE) (Nasdaq First North: AEC) (“Africa Energy” or the “Company”), an oil and gas company with exploration assets offshore South Africa and Namibia, announces financial and operating results for the three months ended March 31, 2020. Garrett Soden, the Company’s President and CEO, commented: “Our robust financial position--$26 million in cash, no debt and lean overhead--will allow us to weather the current economic environment brought on by the emergence of the coronavirus pandemic. We continue to focus on cost control and