Africa Oil 2019 Second Quarter Financial and Operating Results
VANCOUVER, August 14, 2019 /CNW/ (AOI–TSX, AOI–Nasdaq-Stockholm) … Africa Oil Corp. (“Africa Oil” or the “Company”) is pleased to announce its financial and operating results for the three and six months ended June 30, 2019. HIGHLIGHTS: · The Company ended the quarter with cash of $341.3 million and working capital of $312.4 million; · The Joint Venture Partners (Blocks 10BB and 13T – Kenya) and the Government of Kenya have concluded negotiations around key fiscal and commercial principles for Project Oil Kenya with agreements between the parties documented in various Heads of