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Addax Petroleum (fka AXC)

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Last Post: 12/12/2017 12:45:28 PM - Followers: 69 - 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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#13392   Or they had a bunch in on the nwtf 12/12/17 12:45:28 PM
#13391   Did they give you the new hot tip? nwtf 12/12/17 12:39:33 PM
#13390   Backtracking? They definitely asked for money. Whether midtieroil 12/12/17 09:51:43 AM
#13389   Well I was in the group and never Tamtam 12/12/17 06:17:58 AM
#13388   Why did he say to send him money? nwtf 12/12/17 01:00:31 AM
#13387   Totaly false, people didn't pay to be involved Tamtam 12/11/17 05:27:14 PM
#13386   Yeah the white board. That was hilarious. midtieroil 12/11/17 11:22:05 AM
#13385   A shiny yacht? You will find good company nwtf 12/11/17 12:24:04 AM
#13384   Dont forget the WHITE Board. That was always nwtf 12/11/17 12:16:17 AM
#13383   LMAO! lovemelongtime 12/10/17 11:13:27 PM
#13382   Essentially nobody has an investment here anymore. midtieroil 12/10/17 09:34:26 PM
#13381   See my response nwtf. :-) oldoil 12/10/17 08:17:13 PM
#13380   Soooo Essentially you have no investment here? We’re glad your oldoil 12/10/17 08:16:26 PM
#13379   SHH! It came from Big Jane who midtieroil 12/10/17 07:41:23 PM
#13378   More mis-information. You can buy shares everyday when nwtf 12/10/17 07:33:06 PM
#13377   In case you haven't noticed the share price midtieroil 12/10/17 07:33:03 PM
#13376   How about delusion insurance? nwtf 12/10/17 07:28:24 PM
#13375   What is the motive for posting that post. nwtf 12/10/17 07:27:03 PM
#13374   So sorry middie......I thought you'd say as you oldoil 12/10/17 07:08:39 PM
#13373   The Stanford ponzi scheme was back in 2009. Krombacher 12/10/17 06:33:46 PM
#13372   I got the word that Chrome is shutteted, midtieroil 12/10/17 05:04:13 PM
#13370   DITTO....LMLT. oldoil 12/10/17 11:34:31 AM
#13369   Actually I believe everything published about ERHC, regardless midtieroil 12/10/17 10:37:13 AM
#13368   there are reports that both ERHCs Kenya block Tamtam 12/10/17 03:07:08 AM
#13367   Actually the MOU expired and there are no midtieroil 12/09/17 05:13:33 PM
#13366   Erhe to get share of production property from sneak-attack 12/09/17 01:36:57 PM
#13365   Ntephe ever gonna address the shareholders again? snayeman 12/09/17 12:09:03 PM
#13363   You are right. Everyone should have the midtieroil 12/08/17 10:11:56 PM
#13362   That is my belief too. Waiting months midtieroil 12/08/17 09:13:03 PM
#13361   Yes, cheers to you! lovemelongtime 12/08/17 08:22:16 PM
#13360   manuel06 Friday, 12/08/17 08:12:06 PM manuel06 12/08/17 08:18:02 PM
#13359   we all are entitled to our opinions manuel06 12/08/17 08:14:58 PM
#13358   midtieroil deliberate......done consciously and intentionally....... manuel06 12/08/17 08:12:06 PM
#13357   Failing and being bad management is one thing midtieroil 12/08/17 07:45:45 PM
#13356   Well then you just keep knocking yourseif out lovemelongtime 12/08/17 06:33:38 PM
#13355   So your definition of a disgruntled shareholder is lovemelongtime 12/08/17 06:15:36 PM
#13354   disgruntled shareholders ....... also a sort of payback manuel06 12/08/17 03:20:58 PM
#13353   What is your explanation for 24/7 continued support midtieroil 12/08/17 02:48:01 PM
#13352   Exxon has never spent a dime on ERHC midtieroil 12/08/17 02:40:21 PM
#13351   It is just an excuse used to attempt midtieroil 12/08/17 02:37:07 PM
#13350   With a stock price going from $100 to ssc 12/08/17 12:47:58 PM
#13349   What is your explanation of the 24/7 barrage lovemelongtime 12/08/17 12:23:34 PM
#13348   emdyal Do you really think Kosmos has been manuel06 12/08/17 12:13:58 PM
#13347   Agree, but Kosmos has only been on the lovemelongtime 12/08/17 11:52:12 AM
#13346   middie......perhaps a direct call from you to alert oldoil 12/08/17 11:02:15 AM
#13345   This is about the tenth time it has midtieroil 12/08/17 10:32:22 AM
#13344   Kosmos is not the only company opining for sneak-attack 12/08/17 10:25:33 AM
#13343   Finally the curtain has been pulled back, although emdyal 12/08/17 09:29:47 AM
#13341   Nope. I wasn't deluded into buying the midtieroil 12/07/17 07:36:42 PM
#13340   There are no positive facts about ERHC. midtieroil 12/07/17 06:40:12 PM