Africa Oil definition

Africa Oil means Africa Oil Corp.
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Africa Oil. “AOC” or the “Company” means Africa Oil Corp., including Africa Oil and its subsidiaries.
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Examples of Africa Oil in a sentence

  • The Company was continued into the Province of British Columbia under the Business Corporations Act (British Columbia) in 2011 following the acquisition from Africa Oil Corp.

  • Any dividends received by Africa Oil from Prime are recorded as Cash flow from Investing Activities.

  • Prime does not pay dividends to its shareholders, including Africa Oil, on a fixed pre-determined schedule.

  • Previous number of dividends and their amounts should not be taken as a guide for future dividends to be received by Africa Oil.

  • Africa Oil is not aware of any material changes to the financial information.

  • Any dividends received by Africa Oil from Prime’s operating cash flows will be subject to Prime’s capital investment and financing cashflows, including payments of Prime’s Reserve Based Lending (“RBL”) principal amortization, which are subject to semi-annual RBL redeterminations.

  • On July 1, 2020, the Company entered into a General Technical and Administrative Service Agreement with Africa Oil SA Corp.

  • Africa Oil is due to receive equal quarterly payments of $18.75 million at the end of each calendar quarter during 2018.

  • The Company’s Kenyan Branch, of its wholly owned subsidiary, Africa Oil Kenya B.V., has been assessed corporate income tax and value added tax by the Kenya Revenue Authority (“KRA”) relating to farmout transactions completed during the period 2012 to 2017.

  • The Company actively monitors its liquidity to ensure that its cash flows and working capital are adequate to support these financial obligations and the Company's capital programs.The Company has provided security in respect of the Term Loan mainly in the form of share pledges, over the shares of Petrovida, Eco, Africa Energy and Impact owned by Africa Oil and a charge over the bank accounts into which the Prime dividends are paid.

Related to Africa Oil

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • Natural uranium means uranium with the naturally occurring distribution of uranium isotopes, which is approximately 0.711 weight percent uranium-235, and the remainder by weight essentially uranium-238.

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Air Transportation Business means the carriage by aircraft of persons or property as a common carrier for compensation or hire, or carriage of cargo or mail by aircraft, in air commerce, as defined in 49 U.S.C. § 40102, as amended.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Natural Gas or "Gas" shall mean natural gas, processed, unprocessed, vaporized liquid natural gas, synthetic gas, propane-air mixture or any mixture of these gases.

  • Ocean transportation means any transportation aboard a ship, vessel, boat, barge, or ferry through international waters.

  • Electric power generator means an entity that proposes to

  • CBM means Capacity Benefit Margin.

  • Bangladesh Bank means the bank established under Article 3 of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) for the purpose of carrying on the business of central banking and also includes its successors;

  • Tank wagon means a straight truck having 1 or more compartments other than the fuel supply tank designed or used to carry motor fuel.

  • Petroleum liquids means crude oil, condensate, and any finished or intermediate products manufactured or extracted in a petroleum refinery.

  • Tobacco products means cigars, cigarettes, cheroots, stogies, periques, granulated, plug cut, crimp cut, ready rubbed, and other smoking tobacco, snuff, snuff flour, moist snuff, cavendish, ping and twist tobacco, fine-cut and other chewing tobaccos, shorts, refuse scraps, clippings, cuttings and sweepings of tobacco, and other kinds and forms of tobacco, prepared in such manner as to be suitable for chewing or smoking in a pipe or otherwise, or both for chewing and smoking.

  • Solid film lubricant means a very thin coating consisting of a binder system containing as its chief pigment material one or more of molybdenum disulfide, graphite, polytetrafluoroethylene (PTFE) or other solids that act as a dry lubricant between faying surfaces.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • Liquefied natural gas or “LNG” means natural gas that has been liquefied.

  • Transportation Service Agreement means the contract between KUB and the Customer whereby KUB agrees to provide transportation gas service to the Customer.

  • Gas company means any person distributing gas within the corporate limits or authorized and proposing to so engage.

  • Transportation Services means travel assistance given to an individual

  • Compressed natural gas means a mixture of hydrocarbon gases and vapors that consists primarily of methane in gaseous form that has been compressed for use as a fuel to propel a motor vehicle.

  • Pipelines means those pipelines within the Storage Facility that connect the Tanks to one another and to the receiving and delivery flanges of the Storage Facility.

  • Virginia Stormwater Management Program authority or "VSMP authority" means an authority approved by the State Board after September 13, 2011, to operate a Virginia Stormwater Management Program.