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State: 17.08.2024 | 11PM
Fri, 01.11.2024       Africa Oil
CA00829Q1019

VANCOUVER, BC, Nov. 1, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") is pleased to announce that the Nigerian Upstream Petroleum Regulatory Commission ("NUPRC") has renewed Petroleum Mining Lease 52 ("PML 52"), containing the Agbami field, for a period of 20 years effective from November 24, 2024. View PDF version

Africa Oil Chief Executive Officer, Dr Roger Tucker, commented: "The renewal of PML 52 follows last year's renewal of the licenses for Prime's Akpo, Egina and Preowei fields. With respective 20-year renewals for each of these fields, our long-term production outlook from these high quality assets is secure. We thank NUPRC for its efficient processing of the application and issuing the renewal."

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