Africa Oil Announces Major Light Oil Discovery Offshore Namibia
VANCOUVER,BC - February 24, 2022 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) – Africa Oil Corp. (“AOI”, “Africa Oil” or “the Company”) is pleased to note the press release by TotalEnergies, the operator of Block 2913B, offshore Namibia. Africa Oil has an indirect interest in this block through a 30.9% shareholding in its investee company Impact Oil & Gas Limited (“Impact”) with a 20% working interest in the block. “TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia.