Africa Energy Corp. (AFE.V) Research

Africa Energy Corp. functions as an oil and natural gas exploration and production enterprise, with primary operations in South Africa and Namibia. The company possesses a 27.5% ownership in the offshore Block 2B Exploration Right, a property spanning 3,062 square kilometers situated off South Africa's western coast. Furthermore, it maintains a 43.85% interest in Petroleum Exploration License 37, which covers an expanse of 17,295 square kilometers in Namibia's northern offshore territory. A 49% stake is also held in the Block 11B/12B Exploration Right, encompassing roughly 19,000 square kilometers within the Outeniqua Basin, off the southern South African coastline. The entity was formerly known as Horn Petroleum Corporation before adopting the name Africa Energy Corp. in March 2015. Founded in 2010, its headquarters are located in Vancouver, Canada.

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