AOI to aquire Centric Energy (CTE ),adding highly prospective blks to its existing African Portfolio.AOI will give CTE 0.3077 AOI shares & $0.0001 for each common share.
CTEs primary asset is Blk 10BA in Kenya,located in the oil rich East AfricanTertiary Rift,
between AOIs Blk 10BB & its South Omo Blk,where AOI is currently operating.CTE also has a carried interest in Blk 7 & 11,both in the Republic of Mali,& operated by Heritage Oil Corp.
Full article on AOIs website.