Public market insider selling at Africa Oil (AOI)

Public market insider selling at Africa Oil (T:AOI)

Stampede Natural Resources S.a.r.l., a 10% Holder, disposed of 1,844,468 Common Shares on a direct ownership basis at prices ranging from $2.350 to $2.470 between April 17th, 2024 and April 22nd, 2024. This represents a $4,438,658 divestment of the company's shares and an account share holdings change of -2.8%.

Africa Oil is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria and an exploration/appraisal portfolio in west and south of Africa, as well as Guyana. The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime), Impact Oil and Gas Ltd (Impact), Africa Energy Corp (Africa Energy) and Eco (Atlantic) Oil & Gas Ltd. (Eco). Prime is a Nigeria-focused company with interests in OML 127 and OML 130 that account for all of the Company's reserves and production. Eco is an oil and gas exploration company with interests in Guyana, Namibia and South Africa. Impact has interests in Namibia and South Africa.