Africa Oil Corp (AOIFF)

[douginil]

The Tullow video:

IMO I think this video is an excellent non-technical review of how oil is formed and trapped and how drill targets are selected by Tullow.


@ 20.17 (The very last scene in the video) - Text scrolling across the screen

" Over the last five years Tullow Oil has achieved an industry leading 78% success rate for finding hydrocarbons."


@ 12.00 Mentions using a new (well recent anyway) seismic technique Full Tensor Gradiometry ( http://moroccoilventures.com/what-is-full-tensor-gradiometry/ )

IMO - Use of this technique Is one of the keys for Tullows Success.


@ 16.20 Talks about reviewing 400 possible drill projects from which 40 are picked for the following year.

@ 16.40 Talks about including the commercial aspects, cost to drill, prices of oil gas, getting product to market, etc.

@ 17.34 Talks about if the technical & commercial reviews will not make money for us (Africa Oil) then ther is no sense doing it. Then goes on to below.

@ 17.43 Highlights Kenya & Ethiopia as a core area for drilling, but no discussion.



I am very glad we are partnered with them.

douginil