DEC 3, 2008 - 16:28 ET
Africa Oil Seismic Program Complete in Dharoor Valley, Puntland, Somalia
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2008) - Africa Oil Corp.
("Africa Oil" or "the Company") (TSX VENTURE:AOI) is pleased to announce the
successful completion of a 2D seismic survey in the Dharoor Valley of Puntland
Somalia. A total of 782 km of good quality vibroseis data, comprising a grid of
15 lines, were recorded by IMC Geophysical of the UK.
The Company will now move forward in processing the new survey and combining the
555 km of earlier data into our seismic database. Mapping of this combined
survey should commence in early 2009 and drilling locations will be selected
before the end of Q1, 2009. This will permit mobilization of a drilling rig to
fulfill our drilling obligations under the Production Sharing Agreements before
the end of 2009.
ON BEHALF OF THE BOARD
Rick Schmitt, President
The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Africa Oil Corp.
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
Email: africaoilcorp@namdo.com
Website:
www.africaoilcorp.com |