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Addax Petroleum (fka AXC)

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Last Post: 1/23/2017 9:37:43 PM - Followers: 65 - Board type: Free - Posts Today: 11


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
#11511   Keep defending ERHC mananagement. If .0001 isn't midtieroil 01/23/17 04:58:50 PM
#11510   Giddy Up!! Report away!! Go for it. You sneak-attack 01/23/17 11:41:48 AM
#11509   Do you think "Petey" is still hiding under oldoil 01/23/17 11:10:34 AM
#11508   Starcrest is broke and ERHC has limited disclosure midtieroil 01/23/17 10:15:20 AM
#11507   Thanks Sneak....Patience... oldoil 01/23/17 09:17:57 AM
#11506   The first quarter 10-Q comes out in mid sneak-attack 01/23/17 09:07:27 AM
#11505   Thx lovemelongtime 01/21/17 01:42:05 PM
#11504   LMLT....Try this link: seek the light 01/21/17 09:16:31 AM
#11503   From the 10k: DegenerateGambler 01/21/17 08:21:07 AM
#11502   Not pretty but here is a link. midtieroil 01/20/17 05:26:30 PM
#11501   I haven't seen the full 10k report posted, lovemelongtime 01/20/17 04:09:10 PM
#11500   Yep. Texas appears very transparent with respect to kingpindg 01/20/17 11:11:02 AM
#11499   Actually I use the Texas RRC website for midtieroil 01/20/17 10:23:59 AM
#11498   Just another conspiracy theory... kingpindg 01/20/17 09:25:29 AM
#11497   From a Google search on Newstar Oil and emdyal 01/20/17 09:12:22 AM
#11496   ok, jcanada 01/20/17 12:52:09 AM
#11495   I agree...they're junk...CEO's hiding under their desk with oldoil 01/19/17 08:06:14 PM
#11494   I doubt it will skyrocket. That MOU midtieroil 01/19/17 07:35:11 PM
#11493   I was going to buy again tomorrow...BUT... oldoil 01/19/17 07:18:18 PM
#11492   Now I finally have to agree with you. midtieroil 01/19/17 06:56:44 PM
#11491   Their not selling anything to offer or starcrest, snayeman 01/19/17 06:37:06 PM
#11490   That is for you to find out, which sneak-attack 01/19/17 06:35:48 PM
#11489   Sell assets at give away prices to one emdyal 01/19/17 06:17:44 PM
#11488   MOU between ERHC And StarCrest Nigeria - emdyal 01/19/17 06:07:49 PM
#11487   But how does this help Erhe's dire financial snayeman 01/19/17 05:41:17 PM
#11486   Remnants of the "White Board" from years past sneak-attack 01/19/17 05:26:34 PM
#11485   Ok. This is new.... There may Strategyone 01/19/17 04:21:51 PM
#11484   ERHC Energy Inc. Signs Memorandum of Understanding with Gremlin9999 01/19/17 04:16:12 PM
#11483   My Guess for present shares outstanding is about seek the light 01/19/17 02:36:32 PM
#11482   2016 OFFSHORE DISCOVERED LIQUIDS RESOURCES WERE 90% LOWER seek the light 01/19/17 09:17:52 AM
#11481   Big Oil Back On The Acquisition Trail As seek the light 01/19/17 09:03:31 AM
#11480   I agree. There is a lot of midtieroil 01/17/17 12:38:53 PM
#11479   Seek, Addax is run by Sinopec. The pieces sneak-attack 01/17/17 12:23:32 PM
#11477   Totally irrelevant since it is a different basin. midtieroil 01/17/17 11:49:54 AM
#11476   Tullow 13T map with latest wildcat discovery location: seek the light 01/17/17 10:18:41 AM
#11475   RE TULLOW latest wildcat discovery in North 13T....Getting seek the light 01/17/17 10:02:05 AM
#11474   Interesting History re Blocks 291 and 242...Addax involved seek the light 01/17/17 09:49:55 AM
#11473   Tullow hits oil in ERUT well.....north lockichar basinTULLOW manuel06 01/17/17 07:24:16 AM
#11472 to look into your crystal ball for oldoil 01/16/17 07:49:08 PM
#11469   Not true again. I have had many people midtieroil 01/16/17 05:56:00 PM
#11468   That's a big 10-4 !!!! lovemelongtime 01/16/17 05:32:20 PM
#11467   Anything you Pontificate about has absolutely very little sneak-attack 01/16/17 05:06:19 PM
#11466   ERHC owes the IRS $2.7 million. The midtieroil 01/16/17 04:36:11 PM
#11465   King, what I am saying is this company sneak-attack 01/16/17 03:32:29 PM
#11464   sneak, you appear to be saying... kingpindg 01/16/17 02:35:28 PM
#11463   The 90 day rule is for companies that sneak-attack 01/16/17 01:20:28 PM
#11462   False yet again. The 10K was midtieroil 01/16/17 08:49:25 AM
#11461   The SEC is very clear when dealing with sneak-attack 01/16/17 07:44:09 AM
#11460   I never said it would be an issue midtieroil 01/15/17 08:09:15 PM
#11459   Sorry, nice try twisting my words. Tuesday is sneak-attack 01/15/17 07:41:33 PM