Africa Oil is a Canadian upstream oil and gas company with producing and development assets in deep-water Nigeria, and a portfolio of exploration and appraisal assets in west and south of Africa, as well as Guyana. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including: Prime Oil & Gas; Impact Oil & Gas Ltd.; Africa Energy Corp.; and Eco (Atlantic).
The Company is notable for its opportunity set in the emerging Orange Basin offshore Namibia and South Africa. It is the only publicly-listed Independent E&P with an economic interest in the Venus light oil discovery offshore Namibia, and is the operator of Block 3B/4B offshore South Africa.