Tag Archive for AAOG

Anglo African receives SNPC payment in a positive sign for Tilapia production plans (AAOG)

Anglo African Oil & Gas (LSE:AAOG) advanced 0.5pc to 9.8p on Monday morning after announcing that it has received some of the funds owed to it by the Congolese national oil company. The business has received an initial $663,000 payment from the Société Nationale des Pétroles du Congo (SNPC). State-backed SNPC owes Anglo African a…

Anglo African reveals multiple oil hits at TLP-103C (AAOG)

Anglo African Oil & Gas dipped 8.6pc to 15.1p today after making several oil discoveries in the Republic of the Congo. Wireline logging at the business’s TLP-103C well has confirmed oil columns totalling 44m across several identified horizons. TLP-103C is based on Anglo African’s 56pc-owned Tilapia oil field, also home to the producing TLP-101 well.…