Africa Oil Announces Fourth Quarter and Full Year 2023 Results
VANCOUVER, BC, February 26, 2024 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce its operating and consolidated financial results for the three months and the year ended December 31, 2023, together with its 2024 Management Guidance. Highlights · Successfully met 2023 Management Guidance on production and cash flow from operations2,5. · The Company received three dividends totaling $175.0 million in 2023 from its shareholding in Prime, including one dividend of $50.0 million in Q4 2023. AOC’s cash