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Addax Petroleum (fka AXC)

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Last Post: 2/21/2017 11:17:23 PM - Followers: 65 - 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
#11669   10-Q is out showing over 2 billion shares ssc 02/21/17 11:17:23 PM
#11668   Thanks Tam. sneak-attack 02/21/17 11:00:03 PM
#11667 Tamtam 02/21/17 07:16:25 PM
#11666   Apparently some good news for Starcrest and ERHE sneak-attack 02/21/17 03:33:41 PM
#11665   Seek The Nigerian Government controls 55% of OML-40. sneak-attack 02/21/17 11:25:32 AM
#11664   21 Feb 2017 seek the light 02/21/17 09:10:17 AM
#11663   Absolutely I will do that ! emdyal 02/20/17 07:32:29 PM
#11661   Your message was received..thanks and welcome back !! oldoil 02/20/17 11:30:09 AM
#11659   Your calculations are completely wrong. Once the maximum midtieroil 02/19/17 08:56:13 PM
#11658   I don't know if you realize this but midtieroil 02/19/17 05:35:38 PM
#11657   I don't know if you realize this but midtieroil 02/19/17 05:14:01 PM
#11655   The fact is that you do not have emdyal 02/19/17 04:28:47 PM
#11654   Oh you have it jacked up to 9 emdyal 02/19/17 04:22:06 PM
#11653   Interesting fact. As of the 9\30 10K, midtieroil 02/19/17 02:58:44 PM
#11652   There are dozens of prospects left in the midtieroil 02/19/17 02:42:01 PM
#11651   Exactly, how can you predict how many oldoil 02/19/17 10:55:58 AM
#11650   How have those knowledge sources worked out so midtieroil 02/19/17 10:33:51 AM
#11646   Thank you...Frankly, I develop most if not all oldoil 02/18/17 08:48:19 PM
#11645   You must have conveniently forgotten to read the midtieroil 02/18/17 07:08:03 PM
#11644   Agree! lovemelongtime 02/18/17 06:47:28 PM
#11643   Quote .they can't pay for the last well Tamtam 02/18/17 06:01:05 PM
#11642   Oldoil People seem to have short term bashing PopsT 02/18/17 04:13:42 PM
#11641   My take is ERHC insiders are going to farrell90 02/18/17 03:41:44 PM
#11640   The part about it being an exploration well midtieroil 02/18/17 01:30:08 PM
#11639   I'm interested in the boards take on this oldoil 02/18/17 12:20:32 PM
#11637   I said I thought ERHC was in default midtieroil 02/16/17 10:52:08 AM
#11635   So all those blunders by ERHC management that midtieroil 02/16/17 10:02:24 AM
#11634  Restored Wooo ladies we are up 900% ! Now emdyal 02/16/17 09:50:29 AM
#11630   Maybe you can show one of the dozen Tamtam 02/16/17 06:28:01 AM
#11628   Peter Ntephe and Sylvan Odobulu destroyed this company midtieroil 02/15/17 10:28:21 PM
#11627   ERHE has a lot to sell....A LOT...... oldoil 02/15/17 08:35:53 PM
#11626   Why not go? I used to go midtieroil 02/15/17 08:01:36 PM
#11625   Looky here. That typo I made last ssc 02/15/17 04:48:04 PM
#11623   Why go if it's meaningless? oldoil 02/15/17 11:14:37 AM
#11621   Yeah you are right. Between the SEC midtieroil 02/14/17 04:13:41 PM
#11619   Exciting times for any erhe shareholders who don't ssc 02/14/17 02:08:56 PM
#11617   Everyone goes to NAPE. That is meaningless. midtieroil 02/14/17 01:07:01 PM
#11616   First the NAPE Conference and then a deal sneak-attack 02/14/17 12:38:13 PM
#11615   ERHC is at NAPE in Houston this week. seek the light 02/14/17 09:19:03 AM
#11612   What I know is that not CEPSA or midtieroil 02/13/17 06:27:28 PM
#11611   ERHC is not a dream. It is midtieroil 02/13/17 06:22:41 PM
#11610   The Kenyan government is corrupt like virtually all emdyal 02/13/17 05:41:02 PM
#11609   Dream On Middy, Dream On! sneak-attack 02/13/17 05:17:20 PM
#11608   CEPSA does not need a non paying partner midtieroil 02/13/17 04:44:39 PM
#11607   Why free gratis? Have they renegotiated the kingpindg 02/13/17 04:28:04 PM
#11606   I'm getting "JAZZED" oldoil 02/13/17 04:26:40 PM
#11603   YES....We are well connected with many...some are International oldoil 02/13/17 04:22:30 PM
#11602   If it is considered an exploratory well then emdyal 02/13/17 04:15:59 PM
#11601   Big myth that ERHC has any connections worldwide. midtieroil 02/13/17 03:59:56 PM
#11600   So you wish! The fact that ERHE is sneak-attack 02/13/17 02:19:58 PM