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Addax Petroleum (fka AXC)

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Last Post: 6/26/2017 4:19:07 PM - Followers: 70 - Board type: Free - Posts Today: 9


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
#12295   Since ERHC disclosed the lien in their filings midtieroil 06/26/17 04:19:07 PM
#12294   How recent is your finding with Harris County? Krombacher 06/26/17 03:48:47 PM
#12293   What it illustrates to me is that ERHC midtieroil 06/26/17 02:33:20 PM
#12292   Management was quite clear and forthcoming regarding the ssc 06/26/17 01:18:10 PM
#12291   Thank you for that "intelligent" report.....I hope others oldoil 06/26/17 12:59:40 PM
#12290   Thanks for the real facts Middy. Not ssc 06/26/17 12:00:15 PM
#12289   False. I found the lien filed in midtieroil 06/26/17 11:24:35 AM
#12288   Thanks for the reply MTO. I both nordicroots 06/26/17 03:05:09 AM
#12287   Thanks for the reply MTO. I both nordicroots 06/26/17 03:04:30 AM
#12286   Yes, FACTS....sometimes I feel like we're wasting a oldoil 06/25/17 11:21:36 PM
#12285   Thanks TamTam, that sounds exciting.... oldoil 06/25/17 11:19:32 PM
#12284   sorry bout that my friend.... Maybe someday.... oldoil 06/25/17 11:18:35 PM
#12282   The only think missing are as follows: sneak-attack 06/25/17 07:17:21 PM
#12280   I have. Unfortunately those on the ERHC midtieroil 06/24/17 08:55:43 PM
#12278   Actually many have entirely missed the point about midtieroil 06/24/17 08:00:33 PM
#12277   Totaly false I didn't miss the point of Tamtam 06/24/17 06:15:10 PM
#12276   You are missing the entire point. ERHC midtieroil 06/24/17 10:16:24 AM
#12275   Quote . How many wells are planned in Tamtam 06/24/17 03:30:54 AM
#12274   Nwtf. I was being facetious. And I don't Pml3000 06/23/17 07:58:04 PM
#12273   Fair enough. Someone is doing seismic in midtieroil 06/23/17 06:20:39 PM
#12272   Yes, I am well aware, but I was kingpindg 06/23/17 02:41:37 PM
#12271   With the ERHC shares now trading at .0001 midtieroil 06/23/17 02:19:40 PM
#12270   You have an investment in ERHC ? emdyal 06/23/17 02:12:51 PM
#12269   Sorry. But that is NOT ERHCs block. midtieroil 06/23/17 02:10:37 PM
#12268   If anybody was drilling a well or doing midtieroil 06/23/17 02:02:50 PM
#12267   Hey Middy check this out : emdyal 06/23/17 12:17:33 PM
#12266   Kosmos/Galp having seimic shot in the EEZ as kingpindg 06/23/17 10:58:39 AM
#12265   How do you know there has been no oldoil 06/23/17 10:54:01 AM
#12264   How can you say the JDZ is alive midtieroil 06/23/17 10:40:01 AM
#12261   Here is something i believe is important because seek the light 06/23/17 09:47:46 AM
#12260   middie...middie....did you have lemons for breakfast this morning? oldoil 06/23/17 09:46:56 AM
#12259   Thanks for the input. seek the light 06/23/17 09:46:12 AM
#12258   Sorry but that article is complete BS. midtieroil 06/23/17 09:41:29 AM
#12257   Hi Seek - I'll chime in with some nordicroots 06/23/17 03:33:51 AM
#12256   Example of good management in small oil E seek the light 06/21/17 10:29:54 AM
#12255   OPEC mulls deeper cuts due to higher than seek the light 06/21/17 09:32:17 AM
#12254   I agree. I think exploration is much more oldoil 06/17/17 11:57:11 AM
#12253   Oldoil....To DG "Do you believe there is any seek the light 06/17/17 11:25:33 AM
#12251   Gotta disagree with you a little bit. midtieroil 06/17/17 08:58:35 AM
#12250   Two questions for you old oil since only DegenerateGambler 06/16/17 08:55:25 PM
#12244   With oil prices $45-$50, new offshore drilling in DegenerateGambler 06/16/17 11:30:54 AM
#12243   sneak....The two offshore blocks owned by Starcrest are seek the light 06/16/17 09:53:12 AM
#12242   Seek, the two offshore assets were owned by sneak-attack 06/15/17 05:08:53 PM
#12241   Re Eland: seek the light 06/15/17 02:05:50 PM
#12240   Yes. The whole strategy of those on midtieroil 06/14/17 08:34:59 PM
#12239   There you go yet again posting false financial sneak-attack 06/14/17 02:32:15 PM
#12238   Actually I said Eland is heavily in debt midtieroil 06/13/17 07:57:22 PM
#12237   Seek, nice find! So, Eland Oil is signing sneak-attack 06/13/17 01:55:50 PM
#12236   Nigeria: Eland Oil & Gas signs rig contract seek the light 06/13/17 09:37:41 AM
#12235   Peter Ntephe has been treated better than any midtieroil 06/12/17 08:36:55 PM