Africa Oil Corp.
Company Announcement

AFRICA OIL ANNOUNCES CHANGES TO MANAGEMENT TEAM

April 17, 2015 (AOI-TSX, AOI-Nasdaq Stockholm) … Africa Oil Corp. (“Africa Oil”
or the “Company) is pleased to announce the following changes to its management
team. 

Nick Walker who is currently Chief Operating Officer will be leaving the
Company to join another Lundin Group Company, Lundin Petroleum AB.  Nick’s role
in Lundin Petroleum will be the subject of a separate announcement by Lundin
Petroleum. 

Tim Thomas who joined the Company earlier this year as VP Development, is, with
immediate effect, appointed as Chief Operating Officer based in Calgary.  Tim
has more than 35 years of industry experience and was most recently President
and CEO of ArPetrol Ltd. and prior to that spent 18 years with Nexen Inc. 
While at Nexen, Tim’s roles included Senior Vice President Canadian Oil and
Gas, Vice President Yemen and International Business Development as well as
country manager positions in Yemen and the UK.  Tim started his career as a
drilling engineer with Texaco North Sea and also spent a period of time with
Gulf Canada Resources Limited.  Tim is a graduate of Imperial College, London
where he obtained a Bachelor of Science Degree in Petroleum Engineering. 

Keith Hill, President and CEO of Africa Oil, commented, “I would like to thank
Nick for his significant contribution to the Company over the past few years as
we have matured the resource base for our world-class discoveries in the South
Lokichar Basin in Kenya and wish him success in his new role with Lundin
Petroleum.  We are very pleased to have been able to attract a person of Tim’s
calibre to our organization and his skill set will be of great benefit to the
Company as we progress our Kenyan discoveries towards development.” 



About Africa Oil Corp.

Africa Oil Corp. is a Canadian oil and gas company with assets in Kenya and
Ethiopia as well as Puntland (Somalia) through its equity interest in Horn
Petroleum Corporation. The Company is listed on the Toronto Stock Exchange and
on Nasdaq Stockholm under the symbol "AOI". 



Forward Looking Statements

Certain statements made and information contained herein constitute
"forward-looking information" (within the meaning of applicable Canadian
securities legislation). Such statements and information (together, "forward
looking statements") relate to future events or the Company's future
performance, business prospects or opportunities. Forward-looking statements
include, but are not limited to, statements with respect to estimates of
reserves and or resources, future production levels, future capital
expenditures and their allocation to exploration and development activities,
future drilling and other exploration and development activities, ultimate
recovery of reserves or resources and dates by which certain areas will be
explored, developed or reach expected operating capacity, that are based on
forecasts of future results, estimates of amounts not yet determinable and
assumptions of management. 

All statements other than statements of historical fact may be forward-looking
statements. Statements concerning proven and probable reserves and resource
estimates may also be deemed to constitute forward-looking statements and
reflect conclusions that are based on certain assumptions that the reserves and
resources can be economically exploited. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs, plans,
projections, objectives, assumptions or future events or performance (often,
but not always, using words or phrases such as "seek", "anticipate", "plan",
"continue", "estimate", "expect, "may", "will", "project", "predict",
"potential", "targeting", "intend", "could", "might", "should", "believe" and
similar expressions) are not statements of historical fact and may be
"forward-looking statements". Forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such forward-looking
statements. The Company believes that the expectations reflected in those
forward-looking statements are reasonable, but no assurance can be given that
these expectations will prove to be correct and such forward-looking statements
should not be unduly relied upon. The Company does not intend, and does not
assume any obligation, to update these forward-looking statements, except as
required by applicable laws. These forward-looking statements involve risks and
uncertainties relating to, among other things, changes in oil prices, results
of exploration and development activities, uninsured risks, regulatory changes,
defects in title, availability of materials and equipment, timeliness of
government or other regulatory approvals, actual performance of facilities,
availability of financing on reasonable terms, availability of third party
service providers, equipment and processes relative to specifications and
expectations and unanticipated environmental impacts on operations. Actual
results may differ materially from those expressed or implied by such
forward-looking statements. 



                             ON BEHALF OF THE BOARD

                                        

                                “Keith C. Hill”

                                President and CEO

                                        


         For further information, please contact:  Sophia Shane, Corporate
Development (604) 689-7842.