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Addax Petroleum (fka AXC)

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Last Post: 1/18/2018 5:22:33 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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#13646   The boat maker didn’t get his money today. Pml3000 01/18/18 05:22:33 PM
#13645   Don’t bother. I already know when. On the Pml3000 01/18/18 09:56:29 AM
#13644   I’ll let you know. oldoil 01/18/18 12:46:58 AM
#13643   I don’t see erhe mentioned anywhere. Do you? Pml3000 01/17/18 08:48:12 PM
#13642   When is “soon” going to happen? Pml3000 01/17/18 08:46:54 PM
#13641   10K is now delinquent. midtieroil 01/17/18 07:24:59 PM
#13639   Yes, we all know of the inaccurate information midtieroil 01/17/18 12:36:45 PM
#13637   Nigeria: Eland Oil & Gas provides update on seek the light 01/17/18 12:04:16 PM
#13636   Or moving to another exchange with no evidence Pml3000 01/17/18 11:25:57 AM
#13635   Alas...the 10% oldoil 01/17/18 11:15:18 AM
#13634   Would "anonymous, unintelligent children" playing games include the ssc 01/17/18 11:12:46 AM
#13633   There is no evidence that ERHC is moving midtieroil 01/17/18 11:08:58 AM
#13631   As we move to a different exchange, the oldoil 01/17/18 10:28:24 AM
#13630   include several others? just asking. oldoil 01/17/18 10:21:53 AM
#13623   No, my hopes and dreams were that ERHC midtieroil 01/16/18 10:11:59 PM
#13622   And all your hopes and dreams come true? Don’t oldoil 01/16/18 07:59:09 PM
#13621   FYI When can a company be removed from the OTCBB? midtieroil 01/16/18 07:54:18 PM
#13620   Really middie??? Did you actually say that about oldoil 01/16/18 07:26:02 PM
#13619   If the ERHC 10K was due today it midtieroil 01/16/18 06:41:31 PM
#13618   OMG here we go with the billion barrels nwtf 01/16/18 03:54:49 PM
#13617   Oh so now the narrative has changed !!! emdyal 01/16/18 02:37:31 PM
#13616   It is not that surprising that they did midtieroil 01/16/18 01:57:31 PM
#13615   Not finding oil in 11a after having such Pml3000 01/16/18 01:19:21 PM
#13614   Yeah those last 6 dry holes ERHC drilled midtieroil 01/16/18 12:49:13 PM
#13613   Considering all of ERHE's assets: oldoil 01/16/18 09:55:08 AM
#13612   If oil was heading to $100 I would midtieroil 01/16/18 09:46:55 AM
#13611   Kabust! Pml3000 01/16/18 08:27:04 AM
#13610   Oil Heading to $100 a barrel! The higher sneak-attack 01/16/18 07:57:15 AM
#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