Cannabis Report
Home > Boards > US OTC > Delisted >

Addax Petroleum (fka AXC)

RSS Feed
Add Price Alert      Hide Sticky   Hide Intro
Moderator: Tamtam, Krombacher
Search This Board: 
Last Post: 8/19/2018 2:30:53 PM - Followers: 72 - 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.

Company latest information


Industry News






Cannabis Report
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
#15908   Non commercial means---NON COMMERCIAL. Dry means DRY. They nwtf 08/19/18 02:30:53 PM
#15907   Yes but unfortunately those were only oil shows midtieroil 08/19/18 09:44:47 AM
#15905   Sneak... As the Operator of Kenya block 11A, Cespa Julius Erving 08/19/18 07:47:48 AM
#15904   Not happening. nwtf 08/18/18 10:52:05 PM
#15903   Billions of assets? But trading at .0003? Dont nwtf 08/18/18 10:50:29 PM
#15901   You may be absolutely 100% right in that Krombacher 08/18/18 06:44:11 PM
#15900   Hmmm... .0003 won't hold Krombacher 08/18/18 06:24:07 PM
#15899   Actually almost every single one of my opinions midtieroil 08/18/18 06:15:40 PM
#15898   As you have said before most of your lovemelongtime 08/18/18 04:58:21 PM
#15897   Seems like anyone who bought into the concept ssc 08/18/18 01:11:42 PM
#15896   Yep the entities desperate to score big with emdyal 08/18/18 12:28:36 PM
#15895   As I have said before, midtieroil 08/18/18 11:29:32 AM
#15894   Shhhhhhhhh!! Total is a Nigerian Favourite. sneak-attack 08/18/18 11:13:03 AM
#15893   Total To Boost Nigeria Oil Production By 200,000 Bpd seek the light 08/18/18 10:04:49 AM
#15892   Did you dump shares at .0002. Are you happy? Gremlin9999 08/18/18 09:55:19 AM
#15891   Why your numbers and prediction of a 5,000 ssc 08/18/18 08:58:27 AM
#15890   My guess is that you have convinced your DegenerateGambler 08/18/18 08:49:23 AM
#15889   Apparently not everyone reads every post, therefore, I’m oldoil 08/17/18 08:18:37 PM
#15888   Actually ERHC was a part of the joint midtieroil 08/17/18 07:47:27 PM
#15887   Actually there is almost nobody that even thinks midtieroil 08/17/18 07:42:46 PM
#15886   Maybe I'll provide a list for you at Krombacher 08/17/18 03:06:40 PM
#15885   No worries folks - world demand and the emdyal 08/17/18 03:03:25 PM
#15884   Here are todays trades: Maybe you could sell Gremlin9999 08/17/18 12:41:51 PM
#15883   I think the so called pundits like Ruby1100 Gremlin9999 08/17/18 12:28:41 PM
#15882   Great post Sneak. We want to deal in oldoil 08/17/18 12:08:46 PM
#15881   TOTALly agree my friend $$$$$$$$$$ lovemelongtime 08/17/18 12:06:14 PM
#15880   ERHE sat at the table when the decisions nwtf 08/17/18 11:50:27 AM
#15879   ERHE, had absolutely No Say in the JDZ sneak-attack 08/17/18 11:15:32 AM
#15878   Still waiting for the list, or even start ssc 08/17/18 10:52:52 AM
#15877   I'm not sure how to figure a "Bagger" oldoil 08/17/18 10:49:17 AM
#15876   Try selling some at .0003; the bid price ssc 08/17/18 09:01:34 AM
#15875   Kosmos says 500 million Krombacher 08/16/18 11:46:29 PM
#15874   I don't know which stock price service you're Krombacher 08/16/18 11:46:28 PM
#15873   If the glass is half full at .0002, ssc 08/16/18 11:13:59 PM
#15872   False. ERHC was on the joint committee midtieroil 08/16/18 09:52:17 PM
#15871   The glass is definitely half full!! lovemelongtime 08/16/18 08:48:07 PM
#15870   Fact: ERHE has NEVER drilled an Exploration Well, sneak-attack 08/16/18 07:58:30 PM
#15868   I think you are confused about Tarach. midtieroil 08/16/18 01:18:04 AM
#15867   My thoughts too... how much of their plunge Krombacher 08/16/18 12:53:34 AM
#15866   Sounds as if they came up short on lovemelongtime 08/16/18 12:38:04 AM
#15865   There seems to continue to be a question oldoil 08/15/18 08:45:24 PM
#15864   I would urge you to read the controlling midtieroil 08/15/18 07:59:42 PM
#15863   Do Not Look Now, But Kosmos is in sneak-attack 08/15/18 04:10:38 PM
#15862   False. Krombacher 08/15/18 03:45:19 PM
#15861   At first you were saying ERHC was not midtieroil 08/15/18 03:32:43 PM
#15860   False. Krombacher 08/15/18 01:09:19 PM
#15859   ERHC stated they were in default so all midtieroil 08/15/18 12:28:48 PM
#15858   Nobody thinks ERHC's blocks have 6.1 billion bbls midtieroil 08/15/18 12:26:58 PM
#15857   I never said the provisions in the contract Krombacher 08/15/18 11:29:17 AM
#15856   Thanks Seek....It's there and our turn coming soon. oldoil 08/15/18 10:49:22 AM