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Addax Petroleum (fka AXC)

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Last Post: 4/26/2017 1:28:41 PM - Followers: 68 - Board type: Free - Posts Today: 6


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
#11950   That sounds about right, in this case. AEI kingpindg 04/26/17 01:28:41 PM
#11949   A contractor is nothing more than someone who midtieroil 04/26/17 12:31:01 PM
#11948   Did you notice that part in the shareholder Julius Erving 04/26/17 11:11:02 AM
#11947   Too funny. Was me knowing Tarach was midtieroil 04/26/17 10:44:03 AM
#11946   Still waiting for the link to the information emdyal 04/26/17 09:17:36 AM
#11945   No Kaboom? nwtf 04/26/17 12:54:05 AM
#11944   Here it is. See link below. As midtieroil 04/25/17 01:54:14 PM
#11943   The problem is there is nothing of much midtieroil 04/25/17 01:32:44 PM
#11942   Actually my belief is that Toledo Advisors now midtieroil 04/25/17 01:20:32 PM
#11941   Yes, it seems very orchestrated and even starting Strategyone 04/25/17 12:56:53 PM
#11940   Don't ever remember this much posting activity in lovemelongtime 04/25/17 12:42:16 PM
#11939   Yep! Either way you look at it. Pml3000 04/25/17 12:14:36 PM
#11938   You're right pml300...some things never agree? oldoil 04/25/17 11:27:57 AM
#11937   "So I'm actually cautiously optimistic" not me. Buy Pml3000 04/25/17 10:18:08 AM
#11936   Thank you Farrell90.......Our patience will soon pay off. oldoil 04/25/17 10:07:45 AM
#11935   Is Oranto a better operator than Sinopec? If seek the light 04/25/17 09:21:46 AM
#11934   My, my, my, an opinion ripe with theories ssc 04/25/17 08:40:27 AM
#11933   My post on the ERHC board applies here Krombacher 04/25/17 07:04:21 AM
#11932   I billion shares! Something cooking! lovemelongtime 04/25/17 12:47:25 AM
#11931   Good for you! Show us pictures of your boat. farrell90 04/25/17 12:27:28 AM
#11930   Oh, just about fell over laughing at some Strategyone 04/24/17 08:02:34 PM
#11929   Could be but there aren't that many shares midtieroil 04/24/17 05:50:15 PM
#11928   Don't know if they are behind it but kingpindg 04/24/17 04:34:28 PM
#11927   OK, that is a ridiculous day. Pure Strategyone 04/24/17 04:26:42 PM
#11926   Looks like Starcrest, PN and SO are leading midtieroil 04/24/17 11:16:12 AM
#11925   Thanks Sneak......guess we'll be seeing' ya in Las oldoil 04/24/17 10:18:06 AM
#11924   Shareholder Update is out and It looks like sneak-attack 04/24/17 09:56:17 AM
#11923   24 Apr 2017 seek the light 04/24/17 09:06:54 AM
#11922   May 14th. Could be really ugly. midtieroil 04/23/17 10:43:55 PM
#11921   When is the 10k due? lovemelongtime 04/23/17 10:27:13 PM
#11920   With 3 billion shares outstanding the entire market midtieroil 04/23/17 08:48:40 PM
#11919   Why would anyone want to flush 250k down nwtf 04/23/17 07:40:54 PM
#11918   $250k could buys 33% of ERHE. ERHE could sneak-attack 04/23/17 12:53:14 AM
#11914   I don't think management is smart at all. midtieroil 04/21/17 11:18:48 AM
#11910   No he doesn't! Pml3000 04/21/17 10:24:40 AM
#11909   Completely agree with every word! Pml3000 04/21/17 10:22:10 AM
#11908   It seems clear that management was/is much smarter ssc 04/21/17 08:49:09 AM
#11907   All of your statements are your Opinion just sneak-attack 04/21/17 08:17:16 AM
#11906   Agreed. I'll represent myself, thank you very kindly. kingpindg 04/21/17 07:17:32 AM
#11905   Amen to that! This line of discussion is nordicroots 04/21/17 03:50:55 AM
#11904   Sorry middie, Sneak represents all my opinion. oldoil 04/20/17 09:59:38 PM
#11902   For the ERHE longs, "It is our Money sneak-attack 04/20/17 08:00:07 PM
#11900   ERHC as we know it is toast. midtieroil 04/18/17 10:19:00 PM
#11899   The next SEC filing is just a few sneak-attack 04/18/17 07:20:58 PM
#11898   Analysts Remain Bullish With $70 Oil By Year-End seek the light 04/18/17 09:32:17 AM
#11897   It's probably gone. No reason to think midtieroil 04/14/17 01:31:33 PM
#11896   You're right. I had forgotten about the 15% kingpindg 04/14/17 07:34:56 AM
#11894   King, ERHE has 15% of JDZ block 5 sneak-attack 04/13/17 05:59:29 PM
#11893   Possibly, but what will that mean for ERHC...? kingpindg 04/12/17 08:21:55 PM
#11892   No those are real facts. Here is midtieroil 04/12/17 03:59:26 PM