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Last C$0.01 CAD
Change Today 0.00 / 0.00%
Volume 1.5M
NFK On Other Exchanges
As of 2:17 PM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

africa hydrocarbons inc (NFK) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/29/14 - C$0.17
52 Week Low
10/23/14 - C$0.0050
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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africa hydrocarbons inc (NFK) Details

Africa Hydrocarbons Inc. engages in the acquisition and exploration of natural resource properties primarily in Africa. The company was formerly known as Knight Metals Ltd. and changed its name to Africa Hydrocarbons Inc. in January 2012. Africa Hydrocarbons Inc. is based in Calgary, Canada.

africa hydrocarbons inc (NFK) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$177.2K
Chief Financial Officer
Total Annual Compensation: C$72.0K
Compensation as of Fiscal Year 2013.

africa hydrocarbons inc (NFK) Key Developments

Africa Hydrocarbons Seeks Acquisitions

Africa Hydrocarbons Inc. (TSXV:NFK) announced that it expects to receive CAD 0.5 million in funding. The proceeds of offering will be used primarily for corporate transactions including asset acquisitions, mergers and takeovers and for general working capital purposes. The net proceeds may also be used for future operations, capital commitments, additional financing requirements or unforeseen events or opportunities.

Africa Hydrocarbons Inc. Auditor Raises 'Going Concern' Doubt

Africa Hydrocarbons Inc. filed its Annual on Dec 05, 2014 for the period ending Sep 30, 2014. In this report its auditor, Grant Thornton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Africa Hydrocarbons Provides Results of Second Completion Attempt at BHN-1 Well in Tunisia

Africa Hydrocarbons Inc. announced that recompletion operations of the Abiod limestone in its BHN-1 well on the Bouhajla Permit in Tunisia have concluded and the well will be plugged and abandoned. All reasonable attempts to determine the hydrocarbon potential of the BHN-1 well were undertaken. The perforation and acid stimulation were completed as planned but no hydrocarbons were recovered suggesting the fractures encountered at BHN-1 are not open and effectively connected, which was the primary risk at BHN-1. Despite the disappointment, the results of the BHN-1 well does not affect the prospectivity of the remaining structures and plays contained on the block.


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