AFRICA OIL 2018 FOURTH QUARTER AND FULL YEAR FINANCIAL AND OPERATING RESULTS
VANCOUVER February 28, 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 three months and year ended December 31, 2018. HIGHLIGHTS: · The Company ended the year with cash of $370.3 million and working capital of $340.7 million; · On February 6, 2019, a significant discovery was announced at the Brulpadda-1AX well on Block 11B/12B offshore South Africa. Africa Oil holds an indirect interest in the project as a result of its equity interests in Africa Energy Corp (34.5%