Africa Energy Corp.

AFE

CA00830W1059

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 02:48:42 2024-05-03 pm EDT			5-day change	1st Jan Change
0.1 ^CAD	+5.26%		+53.85%	+5.26%

Apr. 22	Africa Energy Corp.(TSXV:AFE) dropped from S&P/TSX Venture Composite Index	CI
Mar. 28	Africa Energy Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Impact Oil and Gas Limited announced that it has received funding from Africa Energy Corp.

October 21, 2020

On October 22, 2020, Impact Oil and Gas Limited closed the transaction.

Latest news about Africa Energy Corp.

Africa Energy Corp.(TSXV:AFE) dropped from S&P/TSX Venture Composite Index	Apr. 21	CI
Africa Energy Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Africa Energy Narrows Q3 Loss; Up Over 9%	Nov. 16	MT
Africa Energy Narrows Q3 Loss	Nov. 16	MT
Africa Energy Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 15	CI
Africa Energy Upsizes Existing Credit Facility to $8.3 Million	Nov. 08	MT
Africa Energy Corp. Amends Credit Facility	Nov. 07	CI
Africa Energy Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-11	CI
Eco (Atlantic) Oil and Gas and Africa Energy Brief: Up Near 9% Early Thursday on TSXV After Acquisition of Additional 60% Operated Interest in Orinduik Block Guyana from Tullow Oil	23-08-10	MT
Africa Energy Corp. Approves the Resignation of William Lundin as Director	23-06-22	CI
Africa Energy Corp. Announces CEO Changes	23-05-30	CI
Africa Energy Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-10	CI
Africa Energy Corp. Announces Executive Changes	23-05-09	CI
Africa Energy Brief: 2022 Net income/(loss) per share (basic and diluted) US$(0.01)	23-03-29	MT
Africa Energy Corp. Auditor Raises 'Going Concern' Doubt	23-03-28	CI
Eco (Atlantic) Oil & Gas Details Resource Report For Block 3B/4B Offshore South Africa	23-03-09	MT
Africa Energy Announces Results of Share Buyback Program	23-01-16	MT
Eco (Atlantic) Oil & Gas Issues Shares in Relation to Acquisition of Additional Stake in Block 3B/4B	22-12-20	MT
Africa Energy Gains 12.5% as Secures Credit Facility	22-12-19	MT
Africa Energy Secures Credit Facility; Fell 13% to 52-Week Lows on Friday	22-12-19	MT
Eco (Atlantic) Oil & Gas Closes Acquisition Of Additional Stake In Block 3B/4B	22-12-19	MT
Africa Energy Corp. Secures Credit Facility	22-12-19	CI
Eco (Atlantic) Oil & Gas Slumps 60% on Plans to Abandon Gazania-1 Well Offshore South Africa; JV Partner Africa Energy Drops 34%	22-11-18	MT
Eco (Atlantic) Oil & Gas, Africa Energy To Abandon Gazania-1 Well Offshore South Africa	22-11-18	MT
Eco (Atlantic) Oil and Gas and Africa Energy Brief: Both Cos Earlier Friday Provided An Update on Gazania-1 well, offshore South Africa	22-11-18	MT

Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds 10% participating interest in the Exploration Right for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 18,734 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-13 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.0731 USD

Average target price

0.112 USD

Spread / Average Target

+53.26%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Oil Exploration & Production - Offshore

	1st Jan change	Capi.
AFRICA ENERGY CORP.	+5.26%	103M
OIL AND NATURAL GAS CORPORATION LIMITED	+39.53%	43.16B
VAR ENERGI	+11.07%	8.23B
AKER ASA	-8.41%	4.18B
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ISRAMCO NEGEV 2 LIMITED PARTNERSHIP	+11.94%	1.16B
SABLE OFFSHORE CORP.	-5.71%	646M
SINO GEOPHYSICAL CO., LTD	-8.86%	623M
OKEA ASA	-5.64%	241M
MERMAID MARITIME	+46.32%	146M

Oil Exploration & Production - Offshore

Africa Energy Corp.

Equities

AFE

CA00830W1059

Oil & Gas Exploration and Production

Impact Oil and Gas Limited announced that it has received funding from Africa Energy Corp.

Latest news about Africa Energy Corp.

Chart Africa Energy Corp.

Company Profile

Income Statement Evolution

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Oil Exploration & Production - Offshore