AFRICA OIL ANNOUNCES LUIPERD-1X TEST RESULTS
Vancouver, BC, December 7, 2020 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) – Africa Oil Corp. (“AOI”, “Africa Oil” or “the Company”) is pleased to announce drill stem test results for the Luiperd-1X well, the second major discovery on Block 11B/12B offshore South Africa. The Company holds an indirect interest in the project as a result of its equity interests in Africa Energy Corp. (19.9%) and Impact Oil & Gas Limited (31.1%). Jan Maier, Africa Energy’s VP Exploration, commented, “The Luiperd discovery proves that the Outeniqua Basin offshore South Africa is a world-class hydrocarbon