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Africa Oil Corp
May 2012 Company Presentation
| Keith C. Hill | Page 9 of 11 |
June 29, 2016
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"Africa Oil Corp "
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9 Ngamia-1 Well Results Generalized Stratigraphy 0 Meters • Oil in Miocene Sandstones • Porosities from logs: 23-29% SWC’s 500 Volcanics 23 , SWC indicate good porosity • Gross Reservoir Section: 650 m (~2,132 ft) 1000 Upper Miocene Sandstones 855m • Net Pay greater than 100 m • Oil recovered to surface from four sampled intervals 1500 Upper Lokhone Sandstones Current 1500m • Oil quality greater than 30 o API • Pressure data confirms multiple oil pools 2000 L Lokhone Shale TD 1510m • Drilling ahead to lower objectives 2500 ower Lokhone Sandstone Lower Objective 2700 Projected Total Depth