Africa Oil share ends at intra day high both in Sweden and Canada

So the last trading day in Sweden and Canada saw the share price of Africa Oil ending at intra day highs going into the weekend and going into next week which is also the time when 6 weeks have passed since the last news cluster. One thing to note is also the fact that Tullow […]
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Swala Energy requests trading halt and Nordea continues it´s buying spree (June 19)

First of all Swala Energy that has assets in East Africa, namely Tanzania, Kenya and Zambia has requested a trading halt. The reason seems to be the long planned farm out (Swala is farming out 25% with Tullow retaining 50%.):   An investor got the following in the mail: “RE: SWALA ENERGY LIMITED (ASX: SWE) ¿ […]
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Nordea continues to buy (June 18) * Updated

Yesterday we had a potential reversal for the Africa Oil share with the daily candlestick leaving a long bullish tail, and on high volume nonetheless. So far today we see Nordea continuing to load up (6 days in a row) with 140k shares net bought so far and seems to be ackummulating efficiently by mostly […]
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Unconfirmed news from Keith Hill´s meeting with Swedish firm Pareto (May 21)

A poster on the Swedish Avanza forum stated that he attended Keith Hill´s presentation with the financial firm Pareto (Africa Oil´s house bank) and that Mr Hill told him that the OMX listing on the Swedish Stock Exchange would take place mid June, in contrast to Nordeas speculation of July. This information is however not confirmed. […]
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Has Africa Oil and Tullow discovered a sleeping giant?

What has been gaining attention in the companies latest news releases is the ramped up focus on “unconventional oil”-reserves in regards to oil shale that can be added to production given the use of “fracking”. Since this is a more complex and expensive way of producing oil, the companies have up until now not focused […]
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