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: 5/20/2019 4:11:15 PM - Followers: 75 - 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.

Company latest information



Industry News








PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
#17964   Big move to 6/100 of a penny - lmao. ssc 05/20/19 04:11:15 PM
#17963   Shall we look for the bells and whistles emdyal 05/20/19 01:43:39 PM
#17962   With the move from .0004 to .0005 erhe ssc 05/20/19 06:04:33 AM
#17961   Thanks Sneak. Yeah, There’s NO grab and go oldoil 05/19/19 08:15:50 PM
#17960   So the circle of trust knows where the nwtf 05/19/19 08:15:26 PM
#17959   Those in the "Circle of Trust" understand which sneak-attack 05/19/19 07:27:49 PM
#17958   You remember your oil industry history very well nordicroots 05/18/19 11:38:29 PM
#17957   How can that be when there arent any short???? nwtf 05/18/19 06:02:27 PM
#17956   It’s probably bigger than anyone here realizes. African oldoil 05/18/19 05:01:04 PM
#17955   Total Fina seems to be the right fit sneak-attack 05/18/19 03:47:31 PM
#17953   Shorters of Erhe ran out of gas on lovemelongtime 05/17/19 11:30:06 AM
#17952   SEC is watching! sneak-attack 05/17/19 11:11:10 AM
#17951   Just saw the S/P after a 22 hour oldoil 05/17/19 10:48:11 AM
#17950   LOL exactly....better start rowing..... PopsT 05/17/19 10:02:23 AM
#17949   Still on the Lake lovemelongtime 05/16/19 10:28:07 PM
#17948   Just got off the lake. nwtf 05/16/19 09:09:03 PM
#17947   That’s a beautiful thing Pops! lovemelongtime 05/16/19 08:18:41 PM
#17946   They are running scared...... PopsT 05/16/19 08:03:37 PM
#17945   Short Traders of Erhe, get ready to have lovemelongtime 05/16/19 06:31:03 PM
#17944   Buy them while they last! ERHE that is!!! sneak-attack 05/16/19 04:40:23 PM
#17943   Great for us ERHE longs......Any news out there PopsT 05/16/19 12:43:42 PM
#17942   The fun begins. .0006!! troutlake 05/16/19 11:24:57 AM
#17936   AI...The secret story of Total's strike on Anadarko seek the light 05/14/19 12:03:25 PM
#17933   And even outside that small circle, even bigger Julius Erving 05/13/19 03:12:47 PM
#17932   The increased instability in the Middle East will emdyal 05/13/19 12:39:05 PM
#17930   Sounds like a small circle of investors watching ssc 05/12/19 02:37:46 PM
#17929   Sounds very nice Sneak! Opus X 05/12/19 01:31:59 PM
#17928   Right down the street from my my old lovemelongtime 05/12/19 12:55:35 PM
#17927   Enjoying a Buffalo Trace on Ice at Houston's sneak-attack 05/10/19 05:21:37 PM
#17925   No big deal. Its called strategy. nwtf 05/09/19 02:00:12 PM
#17924   Gotta keep the share price low for some emdyal 05/09/19 01:35:58 PM
#17922   Sneak....Maybe..Read this: Most US Offshore Resources Not Up seek the light 05/09/19 09:39:46 AM
#17921   So all this supposed interest yet erhe price ssc 05/09/19 09:14:04 AM
#17920   Could Chevron be looking at ERHE'S Deepwater Hydrocarbon sneak-attack 05/09/19 08:44:15 AM
#17919   OXY'S sale of Anadarko's African Hydrocarbon Assets to sneak-attack 05/08/19 08:01:07 AM
#17917   Test PopsT 05/07/19 08:38:32 PM
#17915   Agree, Total Fina came very close to developing lovemelongtime 05/07/19 07:31:09 PM
#17914   It is all quiet on that legal warring front. sneak-attack 05/07/19 06:49:38 PM
#17912   Thanks Seek, Total on the move!! lovemelongtime 05/06/19 11:47:09 PM
#17911   No comment on $8.8 billion for Anadarko's substantial ssc 05/06/19 10:29:04 PM
#17910   Thanks Again Sneak. Eyes on the prize !! oldoil 05/06/19 09:54:02 PM
#17907   Interesting news. So let's do some new-erhe-paradigm ssc 05/06/19 04:21:57 PM
#17906   Occidental agrees to contingent sale of Anadarko African seek the light 05/06/19 10:07:29 AM
#17904   Good point. When looking at erhe's price ssc 05/06/19 06:34:51 AM
#17903   It is strange that the adjustment (and the Tamtam 05/06/19 03:28:49 AM
#17902   Maybe if short traders quote the twilight zone lovemelongtime 05/05/19 11:58:27 PM
#17901   Never actually traded that price, but because of ssc 05/05/19 10:09:36 PM
#17900   And in those same worlds they know nobody nwtf 05/05/19 07:47:41 PM
#17899   In that tiny and bigger world investors know Tamtam 05/05/19 07:04:05 PM
#17898   I would like to see them go back nwtf 05/05/19 06:29:26 PM