IMPACT TO BECOME MAJOR SHAREHOLDER IN AFRICA ENERGY CORP
S.A. Block 11B/12B interests consolidated.
Impact Oil & Gas Limited is pleased to announce that it has secured funds, with gross proceeds of approximately USD 40 million, by way of an underwritten Open Offer.
Impact is a privately owned oil and gas exploration company, dedicated to discovering new potential in underexplored sedimentary basins offshore Africa.
With an established world class asset portfolio specifically focused on South and West Africa and an experienced management team, Impact has emerged as a leader of exploration in African frontier acreage.
Impact Oil & Gas aims to become a leading oil and gas exploration company.
With a clear strategic focus as an Africa only, pure exploration company, we are committed to building an attractive group of exploration assets and securing large independent and major oil companies as partners