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Addax Petroleum (fka AXC)

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Last Post: 10/24/2016 11:22:40 AM - Followers: 63 - 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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#10486   I think Middy and SSC have a joint emdyal 10/24/16 11:22:40 AM
#10485   OK, So who is buying this AM at seek the light 10/24/16 11:02:40 AM
#10484   that would also be nice to know jsc52033 10/24/16 10:44:20 AM
#10482   East Africa is world’s new oil hotspot seek the light 10/24/16 09:40:26 AM
#10480   Yes I know some don't think a 99.99% midtieroil 10/23/16 08:59:23 PM
#10475   Have you honestly never heard of shareholders getting midtieroil 10/23/16 04:05:25 PM
#10474   logically, they would step in and make changes. emdyal 10/23/16 01:06:45 PM
#10473   One never knows what might be in the emdyal 10/23/16 01:02:22 PM
#10472   It is the same as it has always midtieroil 10/23/16 12:15:00 PM
#10471   Is it wrong to consider putting out a DegenerateGambler 10/23/16 11:58:27 AM
#10470   I wonder what PN and SO do everyday DegenerateGambler 10/23/16 11:55:34 AM
#10469   It appears that ERHC is in default on midtieroil 10/23/16 11:36:10 AM
#10468   Wonder if he's in Madrid or KENYA...(maybe Chad?) oldoil 10/23/16 11:16:09 AM
#10467   Thanks Farrell90 AND Julius . oldoil 10/23/16 11:06:13 AM
#10466   Fernando Aranguren is still Cepsa manager in Kenya farrell90 10/22/16 10:54:52 PM
#10465   Yeah that didn't fire him because of one midtieroil 10/22/16 05:56:24 PM
#10464   Looks Like Alexander Ferrer head of well drilling jsc52033 10/22/16 03:13:06 PM
#10463   Seek, Bob still has no o Julius Erving 10/22/16 02:31:08 PM
#10462   I had seen it before about the time seek the light 10/22/16 09:23:19 AM
#10461   I knew it was a one year old Tamtam 10/22/16 02:17:17 AM
#10460   Ditto.....enjoy your posts. oldoil 10/21/16 08:42:35 PM
#10459   Tamtam I took it to mean Nov. 2015 jsc52033 10/21/16 06:29:27 PM
#10458   That was last year presentation prior to the snayeman 10/21/16 06:18:40 PM
#10457   Interesting, why strung out till mid November, did lovemelongtime 10/21/16 05:29:05 PM
#10456   Very good presentation indeed. Thanks for the find. Tamtam 10/21/16 05:17:11 PM
#10455   Only one month to Thanksgiving. Gremlin9999 10/21/16 05:16:13 PM
#10454   Very good presentation of the work CEPSA did seek the light 10/21/16 03:34:06 PM
#10453   Woodside: Oil, Gas Deal Environment Has Improved Over seek the light 10/21/16 09:27:21 AM
#10451   Welcome, oldoil [email me]....From IPIC web site...Under IPIC’s seek the light 10/20/16 09:49:44 AM
#10450   Thanks Seek...great information for those of us interested oldoil 10/19/16 07:19:04 PM
#10449   What does this have to do with ERHE? nwtf 10/19/16 05:10:24 PM
#10448   BEIJING, Oct 19 (Reuters) - China's crude oil seek the light 10/19/16 09:22:43 AM
#10446   MORE: seek the light 10/18/16 09:06:48 AM
#10445   Attention PN and SO: Valuing undrilled exploration acreage: seek the light 10/18/16 09:04:18 AM
#10444   Niagara university and Florida Atlantic university I couldn't lovemelongtime 10/15/16 06:27:53 PM
#10443   Lol bro lovemelongtime 10/15/16 06:23:33 PM
#10442   No i did not. I went to U seek the light 10/15/16 04:38:51 PM
#10441   I don't know ....and neither do any of manuel06 10/15/16 02:07:03 PM
#10440   I can think of two reasons. First, midtieroil 10/15/16 12:51:21 PM
#10439   Why did they purchase so much stock in lovemelongtime 10/15/16 12:35:13 PM
#10438   Dwelling on drillable prospects is just plain wrong. midtieroil 10/15/16 12:31:04 PM
#10437   Andre turner Memphis st point guard 83-84? NCAA lovemelongtime 10/15/16 12:28:28 PM
#10436   Those note holders netted, in return, $46.30 on emdyal 10/15/16 11:59:27 AM
#10435   Julius It doesn't matter how many drillable structures are manuel06 10/15/16 10:21:56 AM
#10434   I really do not know. Thanks for your seek the light 10/15/16 09:47:56 AM
#10433   I imagine it can be very, very difficult ssc 10/15/16 09:00:34 AM
#10432   Manual, I'm afraid you could be right. Julius Erving 10/15/16 06:26:20 AM
#10431   No, are they stockholders ? lovemelongtime 10/14/16 07:02:40 PM
#10430   I wonder if Pete and Sylvan might have emdyal 10/14/16 03:24:45 PM
#10429   $27.73 worth of ERHC shares traded so far emdyal 10/14/16 01:35:10 PM