Africa Oil Announces 2020 Fourth Quarter Results and 2021 Management Guidance
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VANCOUVER, BC, Feb. 26, 2021 /CNW/ - (TSX: AOI) (Nasdaq Stockholm: AOI)
Africa Oil Corp. ( Africa Oil , AOC or the Company ) is pleased to announce its operating and consolidated financial results for the three months and the year ended December 31, 2020. The Company is also releasing today, its 2021 Management Guidance including guidance related to its 50% equity investee, Prime Oil & Gas Coöperatief U.A ( Prime ). View PDF Version
Highlights
Africa Oil Announces 2020 Fourth Quarter Results and 2021 Management Guidance (CNW Group/Africa Oil Corp.)
Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020.
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