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Addax Petroleum (fka AXC)

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Last Post: 1/15/2018 10:57:04 PM - Followers: 70 - 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.

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#13609   You'll know in about ten years. Krombacher 01/15/18 10:57:04 PM
#13608   Is there an ERHC Kaboom when the ticking midtieroil 01/15/18 08:54:46 PM
#13607   Tick, tick, tick... Pml3000 01/15/18 08:10:52 PM
#13606   Yes you are right. I was doing midtieroil 01/15/18 07:59:04 PM
#13605   Its really quite simple a rising price of emdyal 01/15/18 07:23:13 PM
#13604   10-K should be out tomorrow, first working day kingpindg 01/15/18 05:25:56 PM
#13603   Do you think ERHC will pay the $13 midtieroil 01/15/18 04:52:07 PM
#13602   Yeah, must have missed that one too. ssc 01/15/18 01:35:36 PM
#13601   Or. $2-$7 by 9-2017. LOFL Pml3000 01/15/18 12:49:26 PM
#13599   We agree on some things and my problem oldoil 01/15/18 12:27:57 PM
#13597   oldoil I think you would be very surprised (or manuel06 01/15/18 11:31:30 AM
#13595   Are you kidding me? Of course the people midtieroil 01/15/18 09:44:43 AM
#13594   Well then, I guess congratulations are in order ssc 01/15/18 08:25:33 AM
#13593   The only people on their collective knees are sneak-attack 01/15/18 07:36:36 AM
#13592   These guys fall for everything. nwtf 01/15/18 12:55:34 AM
#13591   Pretty funny Ntephe is committing resources when ERHC midtieroil 01/14/18 11:05:57 PM
#13590   Back up the truck. nwtf 01/14/18 09:06:36 PM
#13588   Agree. lovemelongtime 01/14/18 06:42:24 PM
#13587   More going on here than some bitcoin fantasy. Julius Erving 01/14/18 08:06:09 AM
#13586   Yep wrong about ERHC - $Billions in oil emdyal 01/13/18 10:38:15 PM
#13584   Funny how we are continuously being told we midtieroil 01/12/18 07:59:15 PM
#13583   Can you direct me to any of your nwtf 01/12/18 07:23:42 PM
#13580   Maybe you should. Pml3000 01/11/18 07:49:11 PM
#13577   Sorry but the Elcrest partnership is knee-deep in midtieroil 01/11/18 09:57:29 AM
#13576   With oil at $64 a barrel and Production sneak-attack 01/11/18 07:53:35 AM
#13575   Awww Thank you ssc. Maybe you should purchase more oldoil 01/11/18 12:27:03 AM
#13574   Looks like even if someone owned all the ssc 01/11/18 12:12:30 AM
#13571   Everbody can get all the cheapies whenever they midtieroil 01/10/18 08:54:41 PM
#13570   Easyzy pasyzy pml3000. I’ll try to find another oldoil 01/10/18 08:31:16 PM
#13569   I told you exactly how many I had. Pml3000 01/10/18 08:21:02 PM
#13568   You’re absolutely right. And the bitcoiners, omg. What Pml3000 01/10/18 08:16:50 PM
#13567   Will you promise me "first right of refusal" oldoil 01/10/18 07:36:47 PM
#13566   It's become easier and easier for me to oldoil 01/10/18 07:21:09 PM
#13565   There may be 2500 shareholders of ERHC but midtieroil 01/10/18 07:10:39 PM
#13564   Please show how MTO has been wrong? Also nwtf 01/10/18 06:30:52 PM
#13563   Who said $2-$7 by September? Who said “I Pml3000 01/10/18 05:47:48 PM
#13562   Link to where I ever said that? midtieroil 01/10/18 05:47:41 PM
#13561   “You must’ve bought back in” LOFL. I can’t Pml3000 01/10/18 05:37:05 PM
#13560   Who was it that said PN would never lovemelongtime 01/10/18 04:59:26 PM
#13559   I have been wrong about ERHC on occasion. midtieroil 01/10/18 03:15:56 PM
#13558   MTO has never been wrong! Pml3000 01/10/18 01:44:19 PM
#13557   The fact that 2500 individual investors own shares sneak-attack 01/10/18 01:20:54 PM
#13556   DR. Ntephe is going Bitcoin ! Better hop emdyal 01/10/18 12:50:08 PM
#13555   Exactly. Those listening to the ones that midtieroil 01/10/18 12:26:18 PM
#13554   mto has a very strong track record of ssc 01/10/18 11:49:53 AM
#13553   I know, how many times can mto be lovemelongtime 01/10/18 11:27:55 AM
#13552   ERHC is back to .0001. Still no midtieroil 01/10/18 11:12:29 AM
#13551   Yeah, some weren't convinced when ERHC was at midtieroil 01/09/18 10:46:32 PM
#13550   The market cap, the .0002 share price and midtieroil 01/09/18 09:27:52 PM
#13549   Oh There you are. You must have bought back oldoil 01/09/18 08:45:50 PM