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Gold/Mining/Energy : AFRICA OIL CORP -- Ignore unavailable to you. Want to Upgrade?

To: B O Trust who wrote (12)	5/29/2012 11:16:10 AM
From: B O Trust	Read Replies (1) \| Respond to of 17

Significant oil discoveries in Kenya and Somalia (growing not tested). This is only the beginning. Partner Tullow says this is probably 2-5 times Tullow total Ugandan discoveries. Over +6 billion barrels of oil was discovered along trend in Sudan in a similar geologic basin. Big is becoming Huge - right now they are also finding further oil bearing sands in last 1100 meters within primary target. Last lower target still to go. Net Pay already greater than 100m..(probably multi 100 m). Analogous to Tullow best Ugandan find Waraga (flowed more than 12,500 bopd). Probably the last of the great rift basins to be explored and the size similar to the North Sea with +80 prospects 7 of them leaking oil to surface (and only one partner with a fantastic 2 yrs 90% success rate). New discoveries have been announced on all sides of Africa Oil's position. Multi-rig program to drill 10-12 wells in the next 18 months