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.
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Africa Oil Corporation Plans To Bump Its Yield Past 8%