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Addax Petroleum (fka AXC)

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Last Post: 6/19/2018 6:43:13 PM - Followers: 71 - Board type: Free - Posts Today: 16


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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#15353   So rumor has it that the alleged shareholder Krombacher 06/19/18 06:30:07 PM
#15352   Wrong again. I won't spend a dime on midtieroil 06/19/18 04:58:49 PM
#15351   Pathetically, the "new paradigm" is just another made ssc 06/19/18 04:47:25 PM
#15350   I feel fairly confident after talking to SO lovemelongtime 06/19/18 04:42:40 PM
#15349   ssc, you ask basically, "how is it possible"... Krombacher 06/19/18 02:50:13 PM
#15348   When management takes a company from a share ssc 06/19/18 02:37:14 PM
#15346   What is particularly fascinating is that while those Krombacher 06/19/18 01:53:17 PM
#15345   For example, if the shareholder against whom the Krombacher 06/19/18 01:37:06 PM
#15344   Trust me I have a whole list of midtieroil 06/19/18 12:15:05 PM
#15343   I think this is a net net loss Krombacher 06/19/18 11:18:22 AM
#15342   It's a violation only if it's nonpublic MATERIAL Krombacher 06/19/18 11:07:08 AM
#15341   You’re welcome, better call Saul. GOOD MORNING ERHE $$$$$$$$$$$$$ lovemelongtime 06/19/18 09:31:53 AM
#15340   You're asking about the LIBEL suit from ERHC??? oldoil 06/19/18 09:07:48 AM
#15339   So SO is leaking non public information to midtieroil 06/19/18 08:15:59 AM
#15338   SO has informed me that this is true . lovemelongtime 06/18/18 10:28:10 PM
#15336   Amen Brother!! Treat them like Mushrooms, keep them sneak-attack 06/18/18 07:22:31 PM
#15335   Not fact. Not insider info. Krombacher 06/18/18 06:46:29 PM
#15334   Krom Is this new insider information....can we get a manuel06 06/18/18 06:12:36 PM
#15333   Its been that way for over 10 years. nwtf 06/18/18 02:35:50 PM
#15330   My understanding is that the new paradigm attempts Krombacher 06/18/18 07:38:05 AM
#15329   Is peter ever going to address shareholders again? snayeman 06/18/18 06:58:59 AM
#15327   As Krombacher mentioned here a few years ago..."Gray oldoil 06/17/18 07:57:37 PM
#15326   Unreal, more like incompetence 101 ha ha ha ha lovemelongtime 06/17/18 11:47:23 AM
#15325   Just because the JOA is in the framework Krombacher 06/17/18 10:13:20 AM
#15324   Why am I not the least bit surprised midtieroil 06/17/18 07:55:59 AM
#15323   FALSE. A joint venture is an entity. In other Krombacher 06/17/18 07:09:16 AM
#15322   Anybody that knows anything about Joint ventures in midtieroil 06/16/18 11:23:07 PM
#15321   HAPPY FATHERS DAY TO ALL ERHE shareholders 2morrow.... oldoil 06/16/18 09:27:41 PM
#15320   ERHE selected nothing, CESPA made the Selection and sneak-attack 06/16/18 05:45:07 PM
#15319   Actually Tullow didn't prove anybody wrong. They midtieroil 06/15/18 08:22:09 PM
#15318   No they can't but I'm sure some will Tamtam 06/15/18 07:20:17 PM
#15317   Many times, yes. I don't believe CEPSA midtieroil 06/15/18 01:58:48 PM
#15316   Do you think that they can tell by Gremlin9999 06/15/18 12:45:23 PM
#15315   Unfortunately those few blocks in Kenya found oil midtieroil 06/15/18 12:30:41 PM
#15314   Cheers Strat......yeah...he's back in ;-) oldoil 06/15/18 11:40:42 AM
#15312   HMMMMM!!! EXCERPT..."British explorer Tullow and partners Africa Oil seek the light 06/15/18 10:58:21 AM
#15311   Thanks for your efforts seek, the tablet is set. lovemelongtime 06/15/18 10:53:06 AM
#15310   By Business Daily seek the light 06/15/18 10:12:18 AM
#15309   Big companies do not purchase shares of very seek the light 06/15/18 09:56:38 AM
#15308   If the glass is half full at .0001, ssc 06/14/18 11:58:35 PM
#15306   Oh wai, maybe it was TOTAL FINA who DegenerateGambler 06/14/18 10:36:34 PM
#15305   Why isn't TOTAL FINA buying ANY shares DegenerateGambler 06/14/18 10:34:03 PM
#15304   Can you please provide a link to anything midtieroil 06/14/18 10:18:07 PM
#15303   Awesome $$$$$$$$$$$$$ lovemelongtime 06/14/18 10:03:07 PM
#15302   As a mathematician I'll do the work..... oldoil 06/14/18 09:22:42 PM
#15301   Yes Sir!!! lovemelongtime 06/14/18 09:12:38 PM
#15300   The JDZ is thought to hold 14.4 billion sneak-attack 06/14/18 08:46:52 PM
#15299   Amen Bro oldoil 06/14/18 08:31:29 PM
#15298   Extremely insightful, we both know who picked up lovemelongtime 06/14/18 08:23:00 PM
#15297   Instead of repeating worn out gotcha misleading lies oldoil 06/14/18 07:29:14 PM