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 its investee company Impact Oil & Gas Limited ("Impact") has completed the farm down ("Farm Down") of its interests in Blocks 2912 and 2913B offshore Namibia ("Blocks") to TotalEnergies EP Namibia B.V. Impact has also received a cash payment of approximately USD 99 million, as reimbursement for its share of costs incurred on the Blocks net to the Farm Down interests, prior to January 1, 2024 ("Effective Date"). View PDF version
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