Anglo African Oil & Gas - Initiation of Coverage

Highly profitable small cap O&G play with present stock price underpinned by current activities and exploration potential offering further upside Anglo African Oil & Gas (AAOG) joined AIM in March 2017 and subsequently acquired a 56% stake in the Tilapia Field in the Republic of the Congo for US$5 million. This was a cracking deal as Tilapia is a proven producing asset with substantial upside potential in the Lower Congo Basin, an established and prolific location for hydrocarbons. Multiple...