Africa Energy Block 2B Operations Update
VANCOUVER, BC, April 19, 2022 /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, is pleased to report that Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic”) has deposited approximately US$20 million in escrow to support its capital expenditure requirements for the Gazania-1 well on Block 2B offshore South Africa after closing the acquisition of Azinam Group Limited. Garrett Soden, Africa Energy’s President and CEO, commented, “We are excited to move