SureTrader SureTrader
Home > Boards > US OTC > Delisted >

Addax Petroleum (fka AXC)

RSS Feed
Add Price Alert      Hide Sticky   Hide Intro
Moderator: Tamtam, midtieroil
Search This Board:
Last Post: 12/8/2016 3:51:37 AM - Followers: 65 - Board type: Free - Posts Today: 1


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.

Company latest information


Industry News






#10652  Sticky Note ERHC Energy Inc. Issues November 2016 Shareholder Update brez63 11/14/16 11:29:38 AM
#11023   Interesting Manti, thanks for your opinion Tamtam 12/08/16 03:51:37 AM
#11022   The management boys lost a ton indeed. emdyal 12/07/16 07:07:54 PM
#11021 majicathome 12/07/16 06:35:42 PM
#11020   They won. It was our money used midtieroil 12/07/16 04:02:19 PM
#11019   The management boys lost a ton indeed. Julius Erving 12/07/16 03:52:22 PM
#11018   I've seen it many times before, having played Manti 12/07/16 02:46:37 PM
#11017   This is almost comical and entertaining. I Strategyone 12/07/16 02:37:19 PM
#11016   Hi Sneak, hope all is well, what's your lovemelongtime 12/07/16 01:44:31 PM
#11015   lovemelongtime 12/07/16 01:44:04 PM
#11014   lovemelongtime 12/07/16 01:44:02 PM
#11013 can't be reached this morning??? Hopefully just Gremlin9999 12/07/16 07:27:02 AM
#11012   Great point! lovemelongtime 12/06/16 09:46:38 AM
#11011   The point i was trying to make is seek the light 12/06/16 09:41:53 AM
#11009   Yes. That is the one that says midtieroil 12/05/16 08:23:08 PM
#11008   Agreed, CEPSA authorized news release...have you seen this? oldoil 12/05/16 08:03:22 PM
#11007   Exactly. I posted that that exact press midtieroil 12/05/16 07:45:19 PM
#11006   Cepsa: 'Encouraging Results' from Maiden Peru Well January seek the light 12/05/16 05:58:32 PM
#11005   Yep, looks like he needs to sell his seek the light 12/05/16 03:56:16 PM
#11004   cause he is broke and sick jcanada 12/05/16 03:40:46 PM
#11003   I find it very interesting and somewhat instructive seek the light 12/05/16 02:38:14 PM
#11002   Rush of bids for Tullow, Africa Oil and seek the light 12/05/16 10:28:23 AM
#11001   Actually it is exactly like Tarach 1. midtieroil 12/04/16 04:16:45 PM
#11000   Wow!! What a great example. Just like Tarach-1. NOT!!! seek the light 12/04/16 04:07:55 PM
#10999   It is pretty obvious to me that some midtieroil 12/04/16 09:57:41 AM
#10998   another example of oil/hydrocarbon shows and a dry well. jcanada 12/04/16 02:43:20 AM
#10996   I have several lifetimes of tax losses from DegenerateGambler 12/03/16 03:50:24 PM
#10994   I actually think ERHC has some value but midtieroil 12/03/16 02:00:45 PM
#10993   Why not buy another $5 worth of stock Gremlin9999 12/03/16 01:01:34 PM
#10992   Here's a post that years of experience can oldoil 12/03/16 11:33:28 AM
#10991   JC...Answers to your questions. 1] NO! 2] Maybe seek the light 12/03/16 11:27:12 AM
#10990 condolences:( on the 37500$ jcanada 12/03/16 11:13:01 AM
#10989   does a car dealership with no cars have jcanada 12/03/16 11:12:01 AM
#10988   DG ...You and him can get an attorney seek the light 12/03/16 11:09:55 AM
#10987   Yes it`s a $2000 a day robbery that emdyal 12/03/16 11:07:56 AM
#10986   There apparently is a group of ERHC shareholders midtieroil 12/03/16 11:00:00 AM
#10984   Jcanada, I concur wholeheartedly with you reasoning. DegenerateGambler 12/03/16 10:34:33 AM
#10980   2 reasons I keep posting here even though jcanada 12/03/16 03:49:58 AM
#10978   that oil price outlook is good for those jcanada 12/02/16 11:39:51 PM
#10976   QADIC The Qatar Abu Dhabi Investment Company (QADIC) is seek the light 12/02/16 02:04:33 PM
#10975   Brent crude today $53.94 oldoil 12/02/16 11:58:18 AM
#10973   Agree. I hope none of the longer ssc 12/02/16 09:57:37 AM
#10972   Looks like the short term stock flippers have seek the light 12/02/16 09:40:31 AM
#10971   OPEC Crude Cut Could Push Oil to $75 seek the light 12/02/16 09:11:54 AM
#10970   LOL. Wasn't even a good try. Pml3000 12/01/16 09:40:44 PM
#10967   So they are supposedly sitting on good news midtieroil 12/01/16 06:12:48 PM
#10966   that post makes me want to buy about jcanada 12/01/16 10:42:22 AM
#10965   Commendable effort on your part. What a ssc 12/01/16 10:41:23 AM
#10964   Carl, Thanks for the Private message. On Friday oldoil 12/01/16 10:20:56 AM
#10963   OPEC to Cut Crude Production by 1 MMbpd seek the light 12/01/16 09:29:47 AM
#10962   From a respected, active poster and stockholder from oldoil 12/01/16 09:20:20 AM