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Africa Oil Corp(AOI-T)
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AFRICA OIL ANNOUNCES ITS YEAR-END 2023 STATEMENT OF RESERVES

Newswire.ca - Mon Feb 26, 5:30PM CST

VANCOUVER, BC, Feb. 26, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") announces the posting of its 2023 statement of reserves on SEDAR (www.sedar.com) as part of its Annual Information Form. This disclosure is based on an independent reserves evaluation, effective 31 December 2023, prepared by RISC (UK) Limited ("RISC") for Africa Oil in accordance with Canadian National Instrument 51-101 – Standards for Oil and Gas Activities ("NI 51-101") and the Canadian Oil and Gas Evaluation Handbook ("COGE Handbook"). Africa Oil's statement of reserves is based on the Company's 50% ownership interest in Prime Oil & Gas Coöperatief U.A ("Prime"). View PDF

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