Africa Oil buying at Africa Energy (AFE)

Africa Oil buying at Africa Energy (V:AFE)

Africa Oil Corp. (AOI), a 10% Holder, acquired 20,000,000 Common Shares on a direct ownership basis at a price of US$0.338 through a private transaction on September 24th, 2020. This represents a $9,046,174 investment into the company's shares and an account share holdings change of 7.8%.

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

Africa Energy Corp. (Africa Energy), formerly Horn Petroleum Corporation, is a Canada-based exploration-stage international oil and gas exploration and development company. The Company focuses on the BLOCK 2B in South Africa. Block 2B covers approximately 4,360 square kilometers of the South African Western offshore approximately 300 kilometers north of Cape Town. Block 2B is an under explored, shallow water area off the west coast of South Africa containing a proven hydrocarbon-bearing rift basin.