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Addax Petroleum (fka AXC)

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Last Post: 3/22/2017 5:51:07 AM - Followers: 66 - Board type: Free - Posts Today: 0


Founded in 1994 by the Addax & Oryx Group, Addax Petroleum is an international oil and gas exploration and production company focused on Africa and the Middle East. Addax Petroleum has rapidly grown to become one of the largest independent oil producers in West Africa, one of the most prolific oil and gas regions in the world.

Addax Petroleum has grown by acquiring under-developed properties in established basins and has increased its production by utilizing advanced and proven technologies. Addax Petroleum believes that its demonstrated operational and technical expertise, combined with its excellent reputation and strong community relationships throughout Africa and the Middle East, make it well positioned to continue to grow its reserves and production.

Addax Petroleum has a high quality asset base consisting of a number of producing properties in Nigeria and Gabon, and exploration and development properties and new venture opportunities in West Africa and the Kurdistan Region of Iraq.

Addax Petroleum employs a staff of 460 as of December 31, 2006, of whom 293 were in Nigeria. Additional information relating to Addax Petroleum is available through the internet on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) which can be accessed at

About our name
Addax Petroleum was named after a typically African antelope that can be found in saharian and sub-saharian Africa.
The addax is a large bodied antelope with white to sandy coloration and long, thin, spiral horns that slant back and upward.
The addax is particularly known for its ability to survive in harsh environments and is considered the most-well adapted antelope to a desert as it is able to get most of the water it needs from the plants it finds locally.
The addax antelope was not only an emotional choice in the process of choosing a name but also seen as a perfect symbol to embody the spirit of Addax Petroleum's founders and the burgeoning culture of the company. It brought us closer to the continent where we started our operations and it still asserts our deep and continuous attachement to the African continent. It also reflects our philosophy and belief in the capacity of the company to adapt and prosper in areas deemed to offer little by transforming local resources into strong aces for growth.

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#10652  Sticky Note ERHC Energy Inc. Issues November 2016 Shareholder Update brez63 11/14/16 11:29:38 AM
#11840   You mentioned bookkeepers and that reminded me of oldoil 03/21/17 07:02:13 PM
#11835   Are you saying that your opinions can suddenly oldoil 03/20/17 11:08:49 AM
#11834   I know. But isn't it truly amazing midtieroil 03/20/17 09:36:11 AM
#11833   Just your opinion once again and nothing more! sneak-attack 03/20/17 08:05:31 AM
#11832   That filing was likely a CYA to protect midtieroil 03/19/17 08:30:48 PM
#11831   Toledo Advisors LLC has rights under a convertible chasem 03/19/17 12:29:02 PM
#11830   Most oil companies have pretty rigorous security provisions nordicroots 03/19/17 11:21:26 AM
#11829   They didn't sell their shares because they know chasem 03/19/17 09:08:04 AM
#11828   "ERHE has always lacked the physical attributes as seek the light 03/18/17 04:40:38 PM
#11827   It is much easier to believe in Nefarious sneak-attack 03/18/17 01:25:51 PM
#11826   That's what I meant when I said the emdyal 03/18/17 10:43:23 AM
#11825   sneak.....There are no big Brokerage firms involved in seek the light 03/18/17 10:05:35 AM
#11824   Looks like one of the big Brokerage firms sneak-attack 03/18/17 08:25:58 AM
#11822   Agreed! Pml3000 03/16/17 10:22:06 AM
#11821   No one can be more wrong than those ssc 03/16/17 08:21:55 AM
#11817   Tullow Oil will be drilling an additional four seek the light 03/15/17 09:20:39 AM
#11815   I agree. Bankruptcy or even more massive midtieroil 03/14/17 09:32:38 PM
#11813   I agree with both of you.... oldoil 03/14/17 06:48:36 PM
#11812   What is striking to me is the never midtieroil 03/14/17 06:20:43 PM
#11810   Your Repeated Posting about ERHE is Strikingly Similar sneak-attack 03/14/17 03:49:53 PM
#11809   Hummmm.... new ideas middie.......We can see you put oldoil 03/13/17 08:14:36 PM
#11807   ERHC had total control of all their blocks midtieroil 03/13/17 07:27:27 PM
#11805   Nicely stated.... One of the best quotes ever Strategyone 03/13/17 03:32:47 PM
#11804   I am equally sure if the management in midtieroil 03/13/17 01:28:56 PM
#11802   What a great way for me to begin oldoil 03/13/17 09:10:16 AM
#11801   The Facts are the Facts!! ERHE is not sneak-attack 03/13/17 08:47:34 AM
#11800   i hope that mean they are finally behind bars... jcanada 03/13/17 04:52:42 AM
#11799   Back to .0001 tomorrow. midtieroil 03/12/17 10:01:52 PM
#11798   Erhe about to bust out! lovemelongtime 03/12/17 09:57:32 PM
#11796   Simple answer, clear to anyone not in denial: ssc 03/08/17 11:51:49 AM
#11789   as ERHC began to drill in Kenya emdyal 03/05/17 11:00:17 AM
#11788   The only trouble with that notion is that nordicroots 03/05/17 09:02:14 AM
#11786   Yeah some have been buying while ERHC has midtieroil 03/04/17 10:19:14 AM
#11785   yeah......Kenya, Chad, EEZ, JDZ....and much more......As "Cowboy" would oldoil 03/04/17 09:25:52 AM
#11783   Of course no one knows for certain about Pml3000 03/03/17 05:02:14 PM
#11781   Lol lovemelongtime 03/03/17 02:35:35 PM
#11780   Facts often ignored about ERHC are a midtieroil 03/03/17 01:47:58 PM
#11779   That, my friend, is the real challenge here oldoil 03/03/17 10:32:11 AM
#11777   That opinion is not fact. Pml3000 03/03/17 01:07:32 AM
#11776   Yep. I know it's fashionable to ignore the midtieroil 03/02/17 10:21:39 PM
#11774   What's up Dr J. lovemelongtime 03/02/17 08:27:46 PM
#11773   They should have done it before the JDZ midtieroil 03/02/17 08:18:36 PM
#11772   Old News!! They thought they had the Glory sneak-attack 03/02/17 02:43:53 PM
#11771   Yeah some people know how to take advantage midtieroil 03/02/17 01:37:54 PM
#11770   IN CONTRAST TO ERHC's EFFORTS IN TEXAS, HERE seek the light 03/02/17 10:09:51 AM
#11767   The white board was a prime example of midtieroil 02/28/17 11:47:26 PM
#11766   There may be another well drilled in the midtieroil 02/28/17 11:44:32 PM
#11764   Btw some of the biggest crooks in the lovemelongtime 02/28/17 11:14:11 PM
#11763   If it's on paper or a white board Pml3000 02/28/17 10:32:46 PM
#11762   What you could be seeing is the "White sneak-attack 02/28/17 10:21:00 PM