VANCOUVER, BRITISH
COLUMBIA--(Marketwire - April 22, 2010) - Africa Oil Corp. ("Africa Oil" or "the
Company") (TSX VENTURE:AOI) reports that it has filed its Annual Information Form ("AIF") for the year ended December
31, 2009 on the System for Electronic Document Analysis and Retrieval
("SEDAR"). The AIF contains the supplemental disclosure, including resource
information, as mandated and required by Canadian Securities Administrators
National Instrument 51–101 including the Statements and Reports required by
Forms 51–101F1 and 51–101F3.
A copy of
the AIF as well as the Statements and Reports mandated by NI 51–101 referred to
above can be found from viewing through the Company's page on www.sedar.com.
Africa Oil Corp. is a
Canadian oil and gas company with assets in Kenya, Puntland (Somalia) and
Ethiopia. Africa
Oil's East African holdings are in what is considered a truly world-class
exploration play fairway. The Company's total gross land package in this
prolific region is in excess of 225,000 square kilometers - an area roughly the
size of Great Britain. The East African Rift Basin system is one of the last
of the great rift basins to be explored. New discoveries have been announced on
all sides of Africa Oil's virtually unexplored land position including the
major Heritage/Tullow Albert Graben oil discovery in neighbouring Uganda.
Similar to the Albert Graben play model, Africa Oil's concessions have older
wells, a legacy database, and host numerous oil seeps indicating a proven
petroleum system. Good quality existing seismic show robust leads and prospects
throughout Africa Oil's project areas. The Company is listed on the TSX
Venture Exchange under the symbol "AOI".
ON BEHALF OF THE
BOARD
Keith Hill, President
and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.