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AOIFF - Africa Oil Corporation Plans To Bump Its Yield Past 8%
Africa Oil Corp
2024-06-30 12:05:52 ET
Summary
Africa Oil Corporation has a single producing asset in Prime Oil and Gas, which is being consolidated to enable strong shareholder returns.
The company has revamped its strategy to focus on growth potential, including farm downs, equity investments, dividends, and share buybacks.
Africa Oil Corporation's assets in Nigeria have strong production potential, with plans for substantial shareholder returns through dividends and buybacks.