CONSOLIDATION OF PRIME WITHIN AFRICA OIL Africa Oil Corp SLIDE 7 Consolidation of Prime - Investor Presentation | 24 June 2024 COMPELLING DEAL WITH STRONG STRATEGIC BENEFITS Control of Prime’s cash flows and enhanced operating efficiency • 100% consolidation of Prime reserves, production, earnings and cash flows • Optimise and streamline operations Deeper exposure to world
Africa Oil Corp. AFRICA OIL CORP FOUNDATIONS FOR VALUE CREATION Corporate Presentation | October 2023 SLIDE 3 ORANGE BASIN WORLD CLASS OPPORTUNITY •Venus-1X largest oil discovery in 20224 •Multi-billion barrels recoverable potential •De-risked Orange Basin opportunity set •Significant follow-on prospectivity •AOC debt free with cash balance of $175 7m
Africa Oil Corp. This document has been prepared and issued by and is the sole responsibility of Africa Oil Corp (the “Company”) and its subsidiaries It comprises the written materials for a presentation to investors and or
Africa Oil Corp. AFRICA OIL CORP FOUNDATIONS FOR VALUE CREATION Corporate Presentation | September 2023 SLIDE 3 ORANGE BASIN WORLD CLASS OPPORTUNITY •Venus-1X largest oil discovery in 20224 •Multi-billion barrels recoverable potential •De-risked Orange Basin opportunity set •Significant follow-on prospectivity •AOC debt free with cash balance of $175 7m
AFRICA OIL CORP. REPORT TO SHAREHOLDERS Africa Oil is a Canadian oil and gas company with producing and development assets in deep-water offshore Nigeria The Company also has a portfolio of exploration and appraisal assets in West and South of Africa, as well as Guyana
Africa Oil Corp. This document has been prepared and issued by and is the sole responsibility of Africa Oil Corp (the “Company”) and its subsidiaries It comprises the written materials for a presentation to investors and or
SUSTAINABILITY REPORT - Africa Oil Corp. Africa Oil is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, and a portfolio of exploration and appraisal assets in various countries in West and Southern Africa, as well as Guyana
Africa Oil Corp. AFRICA OIL CORP PMLS 2 3 4 PPL 261: HIGHLY ATTRACTIVE LOW RISK SHORT-CYCLE RETURN OPPORTUNITY SET •Rig contract extended to drill 5 wells from Feb’24 through to end Oct’24 •Egina ‒Three infill wells drilled in 2023 ‒Producer achieved daily rate of ~5 kbopd (gross field) and Injectors at >10 kbwpd
AFRICA OIL CORP. NOTICE OF ANNUAL GENERAL MEETING AND MANAGEMENT . . . Africa Oil’s Financial Statements are also available on the Company’s website at www africaoilcorp com, or under the Company’s profile on SEDAR at www sedar com Please vote using the proxy form or voting instruction form accompanying this Management Information Circular and return it
AFRICA OIL CORP. SUSTAINABILITY REPORT This Sustainability Report outlines the approach Africa Oil Corp (“Africa Oil” or “the Company”) takes to environmental, social and governance (ESG) management and provides an overview of the