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Addax Petroleum (fka AXC)

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Last Post: 1/25/2020 4:22:21 PM - Followers: 77 - 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 www.sedar.com.

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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#18234  Sticky Note Some seem quite confused when describing ERHE in sneak-attack 07/07/19 09:38:56 AM
#18724   Krom, Julius Erving 01/25/20 04:22:21 PM
#18721   Signing bonus on JDZ blks1-4 where close to lovemelongtime 01/09/20 07:18:05 PM
#18720   Do tell...lol. Krombacher 01/08/20 11:34:44 AM
#18719   CEPSA PAID us dearly for block 11A in Kenya. oldoil 01/08/20 12:21:42 AM
#18718   No drilling in block #4. How can Nightdaytrader 01/07/20 07:53:14 PM
#18717   Yes...2020 shall be a great year! Krombacher 12/31/19 07:39:24 AM
#18716   Happy Hollidays everyone Tamtam 12/31/19 06:42:58 AM
#18714   LoL: "Dont panic shorts will soon rush to close out." Julius Erving 12/09/19 09:52:56 AM
#18713   A MASSIVE bargain at 44 pence... Julius Erving 12/09/19 09:38:22 AM
#18712   Wow, 'brother' Tullow is a serious bargain as Julius Erving 12/09/19 09:09:05 AM
#18711   Covering shorted positions 101 - 130 million shares lovemelongtime 12/06/19 10:51:35 AM
#18710   That's an interesting theory Tamtam 12/06/19 03:00:29 AM
#18709   Fun to watch isn't it...Shorts are going nuts.....GO ERHC__________;-) oldoil 11/22/19 07:28:28 PM
#18708   This fact based analysis is even more important: ssc 11/22/19 05:49:25 PM
#18707   Why? There arent any. nwtf 11/22/19 05:16:10 PM
#18706   Absolutely true!! lovemelongtime 11/22/19 04:32:27 PM
#18705   Longs aren’t selling !! Shorties wish they would. oldoil 11/22/19 02:10:28 PM
#18704   That isnt analysis. Thats begging shareholders to not sell. nwtf 11/22/19 02:06:55 PM
#18703   I'm reposting a recent important analysis that I oldoil 11/22/19 10:49:58 AM
#18702   Another hope and a prayer that might help nwtf 11/20/19 07:24:51 PM
#18701   ERHC Shareholders please read this article as it seek the light 11/19/19 08:58:57 AM
#18700   SSC, I sit back, I relax, and enjoy myself Julius Erving 11/11/19 09:37:15 AM
#18699   Shell https://macauhub.com.mo/2019/11/08/pt-grupo-shell-assina-acordo-de-comparticipacao-na-explo Julius Erving 11/08/19 09:50:48 AM
#18695   ERHC Volume: 1 share. Julius Erving 11/04/19 10:23:47 AM
#18694   GO ERHC___;-) oldoil 11/04/19 09:27:39 AM
#18689   "their laws" NOT "there laws" ! emdyal 11/03/19 03:09:43 PM
#18688   Today I feel like a yacht captain downing oldoil 11/03/19 02:01:16 PM
#18686   No oldoil 11/02/19 01:15:06 PM
#18684   The narrative changed? Again? lol. That ssc 11/02/19 12:05:10 PM
#18683   Yes...my information reveals that during full moons, over oldoil 11/02/19 11:55:23 AM
#18682   Cant be Canadian because they changed there laws. nwtf 11/02/19 11:54:59 AM
#18681   Why do we keep referencing offshore accounts when Krombacher 11/02/19 10:06:10 AM
#18680   Are you saying erhc's condition was caused by ssc 11/02/19 08:47:06 AM
#18679   Much higher levels????? nwtf 11/01/19 09:35:55 PM
#18678   They didn't short at .0003 - the shorting emdyal 11/01/19 03:05:36 PM
#18677   SSC – Made Up! Here is a dose EZMONEY36 11/01/19 11:06:32 AM
#18676   Yeah, except everyone knows there aren't shorters of ssc 11/01/19 09:05:34 AM
#18675   Thanks Homebrew for your PM : Psssst...Getting suspended, EZMONEY36 10/31/19 11:40:57 PM
#18674  Restored Operative word is IF. Since there arent any nwtf 10/31/19 10:40:46 PM
#18673   If shorts were effective their plan was to EZMONEY36 10/31/19 09:34:18 PM
#18672   200 million or 300 million shares wouldn't even ssc 10/31/19 09:19:29 PM
#18671   oldoil - yes 69 million x $8.00 Bucks EZMONEY36 10/31/19 08:56:40 PM
#18670   Ahhh.....The “Kings English” btw, I have shares to sell.....$8 bucks oldoil 10/31/19 08:44:06 PM
#18669   More horse shit. nwtf 10/31/19 07:38:58 PM
#18668   Ain’t going to happen. 1.5 billion shares held lovemelongtime 10/31/19 06:00:35 PM
#18667   Yeah the shorties are working frantically every day emdyal 10/31/19 03:10:22 PM
#18664   Tick Tock Tick Tock...time for Shorties to find oldoil 10/30/19 08:17:05 PM
#18663   Nobody knows the time table that the SEC nwtf 10/30/19 11:47:22 AM
#18662   TRADEABLE oldoil 10/30/19 09:34:48 AM
#18661   Wasn’t Revocation supposed to have happened weeks ago? Wonder oldoil 10/30/19 09:34:17 AM