Africa Oil Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported finance loss of $925,000 against $99,000 a year ago. Net loss and comprehensive loss was $1,593,000 against $3,681,000 a year ago. Net loss and comprehensive loss attributable to common shareholders was $1,593,000 $5,686,000 against $3,681,000 a year ago. Basic and diluted net loss attributable to common shareholders per share was $0.00 against $0.01 a year ago. Cash flows used in operations was $306,000 against $1,990,000 a year ago. Property and equipment expenditures were $23,000. Intangible exploration expenditures were $8,395,000 against $48,693,000 a year ago. For the nine months, the company reported finance loss of $2,136,000 against $309,000 a year ago. Net loss and comprehensive loss was $6,440,000 against $8,116,000 a year ago. Net loss and comprehensive loss attributable to common shareholders was $6,440,000 against $7,867,000 a year ago. Basic and diluted net loss attributable to common shareholders per share was $0.01 against $0.02 a year ago. Cash flows used in operations was $3,155,000 against $4,875,000 a year ago. Property and equipment expenditures were $27,000. Intangible exploration expenditures were $31,630,000 against $195,265,000 a year ago.