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Addax Petroleum (fka AXC)

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Last Post: 11/17/2017 5:38:34 PM - Followers: 69 - Board type: Free - Posts Today: 5


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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#13236   Actually it has been pain and misery for midtieroil 11/17/17 05:38:33 PM
#13235   Not really. nwtf 11/17/17 02:21:27 PM
#13234   Yeah it would be a cathartic experience to emdyal 11/17/17 11:02:00 AM
#13233   As soon as I get another truck, I'll midtieroil 11/17/17 07:28:07 AM
#13232   Have I got a deal for you MTO! nordicroots 11/17/17 01:00:34 AM
#13231   Hey but maybe ERHC will survive and maybe midtieroil 11/16/17 06:17:28 PM
#13230   Too bad ERHE doesnt produce any oil. Bummer. nwtf 11/16/17 05:17:55 PM
#13229   CESPA 2030 OUTLOOK: seek the light 11/15/17 02:25:52 PM
#13228   Wow. That is HUGE. Back up midtieroil 11/15/17 02:21:19 PM
#13227   Someone bought another $9 worth of .0002's today. ssc 11/15/17 11:44:32 AM
#13226   $1,300,000. per day.....We're next (maybe?) oldoil 11/15/17 10:16:28 AM
#13225   Nigeria: Eland Oil & Gas provides update on seek the light 11/15/17 09:18:17 AM
#13224   I completely agree that the Elcrest partnership is midtieroil 11/14/17 09:26:24 AM
#13223   Chrome Oil Services closed the doors in September sneak-attack 11/13/17 09:47:56 PM
#13221   Yes, Offor, who was Ntephe's boss was accused midtieroil 11/13/17 05:04:52 PM
#13220   Ntephe said "He heard a scream and emdyal 11/13/17 05:04:38 PM
#13219   Its called "the long Con" They have siphoned nwtf 11/12/17 07:30:46 PM
#13218   That's amazing since his share ownership is now midtieroil 11/12/17 07:04:23 PM
#13217   Nothing happens with ERHE that Offer doesnt approve first. nwtf 11/12/17 04:48:37 PM
#13214  Restored Just to be clear - Peter Ntephe is emdyal 11/12/17 12:12:12 PM
#13213   Yes Sir!!!! lovemelongtime 11/11/17 11:41:49 PM
#13212   I think I missed the post about the Krombacher 11/11/17 05:03:44 PM
#13211   And please provide the link to the evidence midtieroil 11/11/17 04:25:02 PM
#13210   And a link to Offor having been detained emdyal 11/11/17 10:40:40 AM
#13209   Count me in....... oldoil 11/11/17 10:40:09 AM
#13208   Glad you agree with me about ERHC for midtieroil 11/10/17 08:40:51 PM
#13207   Agree! lovemelongtime 11/10/17 08:19:51 PM
#13206   Today is a holiday. Thank you veterans! Schools Pml3000 11/10/17 04:50:13 PM
#13205   I just did my research and confirmed that midtieroil 11/10/17 04:37:12 PM
#13204   First is Fake News Dossier as tt has sneak-attack 11/10/17 04:15:21 PM
#13203   Here is the article I was referring to. midtieroil 11/10/17 02:38:39 PM
#13202   These ARE NOT general facts. These are midtieroil 11/10/17 12:10:02 PM
#13201   And a general reference to a lack of emdyal 11/10/17 11:01:28 AM
#13200   I have absolute proof that there was lack midtieroil 11/10/17 10:39:30 AM
#13199  Restored Lots of bluster about having proof about lots emdyal 11/09/17 09:29:25 PM
#13198   Well. As usual. Dead on again! Pml3000 11/09/17 04:42:00 PM
#13196   These guys started with 45 million in the midtieroil 11/09/17 04:02:11 PM
#13195   “Blaming Peter and the ERHE management team is Pml3000 11/09/17 03:50:31 PM
#13194   Exactly right. Pml3000 11/09/17 03:37:42 PM
#13193   I didn't invest in a company that I midtieroil 11/09/17 03:22:14 PM
#13191   GAAAWD! LOL Pml3000 11/09/17 01:05:16 PM
#13190   No, only those who feel insecure in their sneak-attack 11/09/17 12:09:49 PM
#13189   Then no one should be concerned about being Pml3000 11/09/17 10:22:42 AM
#13188   My question has been answered as far as Pml3000 11/08/17 02:19:12 PM
#13181   One should always worry about every investment in midtieroil 11/07/17 06:52:50 PM
#13180   One should never worry themselves over the possible sneak-attack 11/07/17 05:36:24 PM
#13179   Here is one of the reasons we LONGS oldoil 11/07/17 01:33:23 PM
#13176   Just in case you missed it pml oldoil 11/07/17 10:09:39 AM
#13175   PML.....See post# 13090 seek the light 11/07/17 10:02:58 AM
#13173   Please explain what Eland has to do with ERHC. midtieroil 11/07/17 09:15:43 AM