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21-Feb-2012

African Petroleum: Significant Oil Discovery at Narina-1

"African Petroleum Corporation Limited (NSX: AOQ) ("African Petroleum" or the "Company") announces that the Narina-1 well, offshore Block LB-09 Liberia, has made a significant oil discovery. The Company has found a total of 32 metres (105 feet) of net oil pay in two zones: 21 metres (69 feet) in the Turonian; and 11 metres (36 feet) in the Albian. Good quality oil was found in each of the Turonian and Albian reservoirs of 37 degrees API and 44 degrees API, respectively. Hydrocarbon shows were encountered over a 170 metre interval in the Turonian and no oil water contact was found..."

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