Oil Man Jim Company Oil & Gas Podcast & Blog, 19th April 2020
April 19, 2020
Another short week, but an interesting one. Following on from my “success” in predicting the collapse of Block Energy (BLOE), Anglo African Oil & Gas (AAOG) now has come to the end of its life in its current form, losing investors over 99% of their investment. Ironic how I was attacked at the time for explaining what it actually was. I always said the Tilapia field was worthless and the final proof was delivered by the announcement of its sale to Zenith Energy (ZEN) (including a claimed $5.3 million of receivables) for £200,000. The clock now ticks down towards ZEN’s inevitable demise.