Production and Operational Update
VANCOUVER, BC, Jan. 18, 2023 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce its full-year 2022 production results and to provide an operational update. The Company’s production is attributed to its fifty per cent shareholding in Prime Oil & Gas Coöperatief U.A. (“Prime”). · Full-year 2022 production rates1,2,3 are in line with the mid-point of 2022 Management Guidance range. Prime recorded an average daily working interest production of approximately 23,500 barrels of oil equivalent per day (“boepd”) and net