TOT - Africa Oil Offers A Diversified Portfolio Of Possible Successes

Companies such as Africa Oil (OTCPK:AOIFF) are often enticing to would-be oil and gas investors. They appear to have such a great portfolio of giant prospects that surely the company will be many times the size of its current market cap. But as Cobalt Energy (OTCPK:CIEIQ) proved, oftentimes far more goes wrong than goes right. Cobalt Energy believed its own bright future so much that it piled on the debt that led to its demise before sufficient cash flow arrived. So far Africa Oil has not succumbed to that temptation but