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Addax Petroleum (fka AXC)

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Last Post: 7/23/2017 12:18:50 PM - Followers: 70 - 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
#12574   Oh so true. nwtf 07/22/17 11:11:55 PM
#12573   Sorry to inform you that professional investors don't midtieroil 07/22/17 10:53:34 PM
#12571   But then again youve never posted any real nwtf 07/22/17 10:29:20 PM
#12569   Thanks for your request for me to provide oldoil 07/22/17 09:35:29 PM
#12568   Please provide links to disprove the information he posted. nwtf 07/22/17 09:18:01 PM
#12567   Actually, ERHC first said they were in midtieroil 07/22/17 09:16:44 PM
#12566   So Sorry again're wrong again....If you will oldoil 07/22/17 07:36:29 PM
#12565   Do you like the fact that ERHE left nwtf 07/22/17 07:32:38 PM
#12564   By the way, the amount owed by ERHC midtieroil 07/22/17 05:07:14 PM
#12563   Tight lips after what has transpired with this nwtf 07/22/17 04:04:28 PM
#12562   Yeah they were tight lipped for 6 years midtieroil 07/22/17 02:27:47 PM
#12561   oildoil, It is a good thing that the sneak-attack 07/22/17 01:31:55 PM
#12559   4 black blobs, 2 big janes and a oldoil 07/21/17 06:55:56 PM
#12558   To those who thought that the JDZ block sneak-attack 07/21/17 06:18:01 PM
#12557   ERHC disclosed every bit of the CEPSA investment midtieroil 07/21/17 02:32:54 PM
#12556   Thanks for your listing one more time but emdyal 07/21/17 02:08:33 PM
#12555   Nobody trashed ERHC. What was said was midtieroil 07/21/17 01:36:10 PM
#12554   Depends how one defines "normal market activity". ssc 07/21/17 12:54:37 PM
#12553   Only asking but do you think that 6 emdyal 07/21/17 12:21:48 PM
#12551   What do you blame the lack of predrill DegenerateGambler 07/20/17 05:46:36 PM
#12550   Is that one one TRUE? DegenerateGambler 07/20/17 05:44:38 PM
#12549   There is only one word to describe the lovemelongtime 07/20/17 05:36:34 PM
#12547   The real reason for ERHC’s demise will NEVER midtieroil 07/20/17 04:36:31 PM
#12546   I agree the chance of success number (18.8%) DegenerateGambler 07/20/17 04:27:42 PM
#12545   I'm pretty sure the gentlemen referred to below midtieroil 07/20/17 02:06:21 PM
#12544   BTW Obviously CEPSA was impressed enough with the emdyal 07/20/17 01:32:57 PM
#12542   As all gamblers should do, as well as DegenerateGambler 07/19/17 10:03:23 PM
#12541   I would bet there were those that deliberately midtieroil 07/19/17 04:29:50 PM
#12540   Boris Becker was a legend on the tennis emdyal 07/19/17 02:49:30 PM
#12534   There's plenty of shares. Buy some more. Heck, Pml3000 07/18/17 09:31:47 PM
#12532   Agree! lovemelongtime 07/18/17 09:17:11 PM
#12530   Silence and patience is working....WE know what we oldoil 07/18/17 08:18:03 PM
#12529   Did some people actually want to hide the midtieroil 07/18/17 12:23:12 PM
#12528   I hear that the odds of drilling success emdyal 07/18/17 10:48:49 AM
#12527   Sad that actual facts about ERHC are routinely midtieroil 07/17/17 11:17:43 PM
#12526   Nope. Call it what it is. nwtf 07/17/17 10:22:29 PM
#12524   This post is just screaming, "you're not wrong". LOL Pml3000 07/17/17 12:19:08 PM
#12523   I guess I shouldn't be surprised if anyone midtieroil 07/17/17 12:11:47 PM
#12522   Yeah, wasn't it great of me to share midtieroil 07/17/17 11:40:45 AM
#12521   Seems much more immature and childish to continue ssc 07/17/17 11:39:29 AM
#12520   13 years is definitely a ssslloowww..look.. oldoil 07/17/17 10:19:57 AM
#12519   I have to admit...Why would an investor stick nwtf 07/17/17 10:13:08 AM
#12518   Nooo the question is not whether they found emdyal 07/17/17 10:02:34 AM
#12517   I remember when they were pumping the JDZ. nwtf 07/17/17 10:00:31 AM
#12516   I have to admit...Why would an investor stick oldoil 07/17/17 09:59:30 AM
#12515   Question--did they find commercial quantities of hydrocarbons? nwtf 07/17/17 09:48:59 AM
#12514   Has nothing to do with hind sight. I nwtf 07/17/17 09:45:42 AM
#12513   If facts about a company are something to ssc 07/17/17 09:25:52 AM
#12512   I remember now - it was every day, emdyal 07/17/17 09:11:33 AM
#12511   AWWWW...hind site is so sweet huh? Can you oldoil 07/17/17 08:53:13 AM