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Addax Petroleum (fka AXC)

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Last Post: 3/21/2019 11:06:46 PM - Followers: 74 - 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 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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#17461   Maybe SEO would want take his proceeds from Opus X 03/21/19 08:40:50 PM
#17460   Oldoil, you may want to tighten up your sneak-attack 03/21/19 08:22:06 PM
#17458   Nigeria to sell stakes in joint oil assets seek the light 03/21/19 09:10:01 AM
#17457   You makin fun of Adam Shiff?? Go ERHC———-;-) oldoil 03/20/19 11:46:17 PM
#17456   Is that the same as being a pencil neck? lovemelongtime 03/20/19 08:13:33 PM
#17455   Market Makers Pencil Whipping the Public Again. sneak-attack 03/20/19 04:04:13 PM
#17454   Kosmos 18% farm-in sell off of the Giant sneak-attack 03/19/19 10:51:59 AM
#17453   "Having never been explored before, the blocks carry seek the light 03/19/19 10:24:44 AM
#17452   Thanks Grem!! lovemelongtime 03/19/19 10:17:48 AM
#17451   ERHE SECURITY DETAILS Gremlin9999 03/19/19 06:06:29 AM
#17450   Kosmos looks to raise between $1 billion to sneak-attack 03/18/19 02:51:41 PM
#17449   Krom I agree with most of your assessment.I do manuel06 03/18/19 11:26:45 AM
#17448   On the other hand... Krombacher 03/18/19 08:29:57 AM
#17447   Didn't the 8k say they were pursuing litigation Krombacher 03/18/19 08:25:04 AM
#17446   Sneak: I know that you weren't talking about manuel06 03/18/19 07:32:11 AM
#17445   ABSOLUTELY SPOT ON !!!!!!!!!!!!! lovemelongtime 03/18/19 05:19:58 AM
#17444   You are correct that it might not seem nordicroots 03/17/19 11:09:46 PM
#17443   I get it. All shareholders are happy ssc 03/17/19 05:40:47 PM
#17442   Interesting thoughts here. Opus X 03/17/19 05:38:59 PM
#17441   No dude. Krombacher 03/17/19 05:19:56 PM
#17440   OK, now we're getting somewhere. This is ssc 03/17/19 05:12:40 PM
#17439   A regular short involves borrowing a share and Krombacher 03/17/19 05:00:29 PM
#17438   What did you mean when you said 600 ssc 03/17/19 04:51:06 PM
#17437   No, I did not define over subscribed as Krombacher 03/17/19 04:49:38 PM
#17436   Did you not say the following: ssc 03/17/19 04:44:54 PM
#17435   I think there's clearly a misunderstanding. Link please Krombacher 03/17/19 04:39:15 PM
#17434   Shorting at $.0002 is moot. It is a ssc 03/17/19 04:32:59 PM
#17433   No. The main point is that your point Krombacher 03/17/19 04:22:38 PM
#17432   This was the main point: ssc 03/17/19 04:10:03 PM
#17431   If there's one... i'm sure there are more. Krombacher 03/17/19 03:45:20 PM
#17430   As far as I can see, the only ssc 03/17/19 03:36:47 PM
#17428   No. I'm saying read the link which says Krombacher 03/17/19 02:54:03 PM
#17427   So you're saying traders out there are willing ssc 03/17/19 02:40:58 PM
#17426   It's not a 2.50 per share deposit, it Krombacher 03/17/19 02:27:12 PM
#17425   The link that I provided listed off shore Krombacher 03/17/19 02:24:42 PM
#17424   Yes, penny stocks have $2.50/share margin requirements...Which is Homebrew 03/17/19 02:16:48 PM
#17423   All this talk about shorting erhe, assume the ssc 03/17/19 02:12:08 PM
#17422   Kosmos has a very aggressive expansion business model sneak-attack 03/17/19 01:24:05 PM
#17421   I concur, great DD on that!! lovemelongtime 03/16/19 01:49:20 PM
#17420   I can't speak for sneak, but here's what Krombacher 03/16/19 01:42:10 PM
#17419   Have you found a link to the "$2.50/share ssc 03/16/19 01:02:11 PM
#17418   Manuel, maybe you should read the post again. sneak-attack 03/16/19 12:43:49 PM
#17417   Yes sir, it’s no secret Total Fina almost lovemelongtime 03/16/19 09:52:00 AM
#17416   Correct. I have many shares but decided to Opus X 03/15/19 09:49:21 PM
#17415   The big newz coming is not made up emdyal 03/15/19 06:49:40 PM
#17414   For very little cash you have a chance Tamtam 03/15/19 06:01:06 PM
#17413   I have my doubts about ERHC buying 50% manuel06 03/15/19 04:50:33 PM
#17412   Do buyers have to pay a $2.50 depost/share ssc 03/15/19 03:33:50 PM
#17411   Interesting Events have been unfolding before are EYE'S sneak-attack 03/15/19 03:25:45 PM
#17410   https://www.dailytrust.com.ng/total-signs-psc-deal-to-explore-oil-on-nigeria-sao majicathome 03/15/19 06:47:30 AM