Africa Oil Corp. (AOIFF)
OTC PINK OTC PINK Primary Summary
AOIFF Chart
Meren doubles reserves and lifts dividend to $100M – ICYMI
Meren Energy Inc (TSX:MER, OTC:AOIFF) earlier this week completed an interview discussing its recent Prime consolidation and future plans. The company said the Prime transaction was transformational, doubling reserves and production from assets it has tracked for over five years.
Meren Energy: New Name But Same Excellent Prospects
The merger doubling Meren Energy's cash flow enables the pursuit of larger offshore projects. Current Nigerian operations remain the main cash flow source. Future projects in Namibia and South Africa offer higher potential market valuation due to stable governments and strong infrastructure.
Meren Energy is well placed for its growth voyage, CEO Roger Tucker eyes E&P consolidation
Sometimes rebranding can be tough, and sometimes rebranding can go awry - just ask Aberdeen and Jaguar – but, other times the branding moguls can deftly redefine a company's identity. It's with that in mind that I draw your attention to the company formerly known as Africa Oil, which was earlier this month relaunched as Meren Energy Inc (TSX:MER, OTC:AOIFF).
Africa Oil Corp. Dividends
| AOIFF In 1 month Estimated | Quarterly | $0.04 Per Share |
| AOIFF 1 month ago Paid | Quarterly | $0.04 Per Share |
| AOIFF 4 months ago Paid | Quarterly | $0.04 Per Share |
| AOIFF 10 months ago Paid | Other | $0.03 Per Share |
| AOIFF 7 Mar 2024 Paid | Other | $0.03 Per Share |
| AOIFF 7 Sep 2023 Paid | Other | $0.03 Per Share |
Africa Oil Corp. Earnings
| 13 Aug 2025 (In 2 weeks) Date | | 0.02 Cons. EPS | - EPS |
| 12 Aug 2025 (In 2 weeks) Date | | 0.02 Cons. EPS | - EPS |
| 13 May 2025 Date | | 0.01 Cons. EPS | 0.11 EPS |
| 24 Feb 2025 Date | | - Cons. EPS | 0.01 EPS |
| 12 Nov 2024 Date | | 0.05 Cons. EPS | - EPS |
| AOIFF In 1 month Estimated | Quarterly | $0.04 Per Share |
| AOIFF 1 month ago Paid | Quarterly | $0.04 Per Share |
| AOIFF 4 months ago Paid | Quarterly | $0.04 Per Share |
| AOIFF 10 months ago Paid | Other | $0.03 Per Share |
| AOIFF 7 Mar 2024 Paid | Other | $0.03 Per Share |
| AOIFF 7 Sep 2023 Paid | Other | $0.03 Per Share |
| 13 Aug 2025 (In 2 weeks) Date | | 0.02 Cons. EPS | - EPS |
| 12 Aug 2025 (In 2 weeks) Date | | 0.02 Cons. EPS | - EPS |
| 13 May 2025 Date | | 0.01 Cons. EPS | 0.11 EPS |
| 24 Feb 2025 Date | | - Cons. EPS | 0.01 EPS |
| 12 Nov 2024 Date | | 0.05 Cons. EPS | - EPS |
Africa Oil Corp. (AOIFF) FAQ
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Has Africa Oil Corp. ever had a stock split?
Africa Oil Corp. Profile
| Oil & Gas Exploration & Production Industry | Energy Sector | Dr. Roger Morris Tucker CEO | OTC PINK Exchange | CA00829Q1019 ISIN |
| CA Country | 25 Employees | 28 May 2025 Last Dividend | - Last Split | - IPO Date |
Overview
Africa Oil Corp., an exploration and production company, is engaged in the oil and gas industry across several regions including Kenya, Nigeria, and South Africa. With its subsidiaries, the company focuses on both the exploration and production (E&P) sectors. Initially known as Canmex Minerals Corporation, it underwent a name change to Africa Oil Corp. in August 2007. The company's inception dates back to 1983, and its operations are strategically managed from its headquarters in Vancouver, Canada. Africa Oil Corp. has solidified its presence in the oil and gas sector by holding interests in a mix of producing, development, and exploration assets across various geographies, including deep-water Nigeria and Kenya for development and production, as well as in the exploration arenas of Namibia, Nigeria, South Africa, Kenya, Guyana, and the Senegal Guinea Bissau Joint Development Zone.
Products and Services
- Producing and Development Assets in Deep-water Nigeria and Kenya:
Africa Oil Corp.'s portfolio includes interests in oil and gas assets that are currently in the production stage or under development in deep-water Nigeria and Kenya. These assets are crucial in bolstering the company's production capabilities and reserve base, providing a stable flow of revenue and facilitating growth in these regions.
- Exploration and Appraisal Assets:
The company actively pursues exploration and appraisal opportunities across Namibia, Nigeria, South Africa, and Kenya. Additionally, it explores regions such as Guyana and the Senegal Guinea Bissau Joint Development Zone, searching for new hydrocarbon deposits. This diversified geographical presence in exploration activities reflects Africa Oil Corp.'s strategic approach to risk management and its commitment to expanding its resource base beyond its existing holdings.
Contact Information
