Africa Oil Announces Significant Increase in Independent Resource Estimates in Kenya and Ethiopia
Africa Oil Corp. ("Africa Oil", "AOC", or "the Company") (TSX VENTURE:AOI)(OMX:AOI) is pleased to announce that an updated independent assessment of the Company's contingent and prospective resources on its Kenyan and Ethiopian exploration properties has been completed by Gaffney, Cline & Associates ("Gaffney Cline", or "GCA"). The independent assessment was carried out in accordance with the standards established by the Canadian Securities Administrators in National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities. The effective date of the report is June 30, 2012.
- Published: 22 August 2012
- Written by Editor