Africa Oil Gains Approval for Prime Consolidation
Company Announcements

Africa Oil Gains Approval for Prime Consolidation

Story Highlights

Africa Oil (TSE:AOI) has released an update.

Africa Oil Corp. has received approval from the Nigerian Upstream Petroleum Regulatory Commission for its consolidation with BTG Pactual, leading to complete ownership of Prime Oil & Gas. This regulatory clearance allows the company to move forward with the transaction, expected to be finalized by the first quarter of 2025.

For further insights into TSE:AOI stock, check out TipRanks’ Stock Analysis page.

Related Articles
Ryan AdistIs AOIFF a Buy, Before Earnings?
TipRanks Canadian Auto-Generated NewsdeskAfrica Oil Corp. Announces Q3 2024 Financial Results Release
TipRanks Canadian Auto-Generated NewsdeskAfrica Oil Strengthens Portfolio with Namibian Deal
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App