Africa Energy Corp. (AEC)

Overview

Africa Energy Corp. is a prominent oil and gas exploration and production company with active operations in South Africa and Namibia. Initially known as Horn Petroleum Corporation, the company underwent a name change in March 2015, reflecting its renewed focus and commitment to exploring the energy potential within Africa. Headquartered in Vancouver, Canada, Africa Energy Corp. has carved a niche for itself by concentrating on significant gas condensate development projects, particularly on Block 11B/12B located offshore in South Africa. The company's strategic interest in Block 2B, situated offshore the Republic of South Africa, further emphasizes its intent to explore and develop the untapped hydrocarbon resources within the continent's maritime boundaries.

Products and Services

• Oil and Gas Exploration - Africa Energy Corp. specializes in identifying, assessing, and exploiting potential hydrocarbon sites. With a focus on the southern African region, particularly offshore South Africa and Namibia, the company leverages state-of-the-art technology and extensive geological expertise to locate viable oil and gas reservoirs.
• Gas Condensate Development - A significant area of the company's expertise lies in the development of gas condensate fields, especially on Block 11B/12B offshore in South Africa. This involves the extraction and processing of gas and its associated liquid hydrocarbons, a venture that not only helps in meeting the region's energy needs but also contributes to the global energy market.
• Production Operations - Beyond its exploratory and developmental roles, Africa Energy Corp. engages in the production and sale of hydrocarbons. This includes both oil and gas extracted from its operational sites, thereby ensuring a steady supply of energy resources and contributing to the company's revenue growth.