Africa Oil Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net loss and comprehensive loss of $1,060,000 compared to $11,344,000 reported in the same period last year.

Cash used in operations was $2,099,000 against $2,385,000 reported last year. Intangible exploration expenditures were $77,300,000 against $92,426,000 reported last year.