- Africa Oil press release (OTCPK:AOIFF): Q4 GAAP EPS of -$0.19.
- The company received three dividends totaling $175.0 million in 2023 from its shareholding in Prime, including one dividend of $50.0 million in Q4 2023. AOC’s cash and cash equivalents at December 31, 2023, of $232.0 million.
- The Company’s focus for 2024 is to advance its main opportunity set comprised of its core assets in deepwater Nigeria, Orange Basin offshore Namibia and South Africa, and Equatorial Guinea. Management will also evaluate the options for consolidating the ownership of its core assets and streamlining of the Company’s business structure.
Source link
