Afex Global Limited Information

Afex Global Limited (AFEX or the Company)Â is an independent oil and gas company with exploration and production interests in the West African countries of The Republics of Cameroon, Equatorial Guinea and Angola. The Company is also actively developing new business opportunities elsewhere across the region. In the last several years hydrocarbon exploration in Africa has become an increasingly attractive investment sub-sector in the oil industry relative to other regions. E&P companies that have intimate local knowledge, a proven ability to obtain quality licences, a track record of successfully managing local risk and the ability to work responsibly with local governments and communities have established Africa as an attractive new development frontier. Several successful smaller companies operating in the region have had successful public listings or have become acquisition targets for larger sector participants looking for rapid access to potential operating assets in the region.