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May 17, 2017 (AOI-TSX, AOI-Nasdaq Stockholm) … Africa Oil Corp. (“Africa Oil”,
“AOC” or the “Company”) is pleased to announce that the Emekuya-1 well in Block
13T, Northern Kenya has encountered approximately 75 metres of net oil pay in
two zones.

Emekuya-1 is located 2.5 km north of Etom-2 and had the objective of drilling a
fault block on the flank of the Greater Etom structure. The well was drilled by
the PR Marriott Rig-46 to a total measured depth of 1,356 metres and penetrated
reservoir quality Miocene sandstones which correlate to those seen in the
successful Etom-2 well.

Downhole pressure measurements and fluid samples suggest that the main oil
reservoir is on the same static pressure gradient as the Etom-2 well which
demonstrates that a major part of the Greater Etom structure is oil-filled. The
reservoir sands encountered also appear to be extensive which further de-risks
the northern play area and bodes well for future exploration in the region.

The rig will be moved to drill an up-dip appraisal well on the Etom structure.
Tullow Oil plc operates blocks 13T and 10BB with 50% equity and is partnered by
Africa Oil and Maersk Olie og Gas A/S both with 25%.

Africa Oil CEO Keith Hill commented, “We are very pleased to continue our 100%
success rate in the current program as we continue to build resources to
enhance our ongoing development program. The four additional wells planned as
well as the water flood pilot project will further allow us to better define
the size and scope of the development.”

About Africa Oil Corp.

Africa Oil Corp. is a Canadian oil and gas company with assets in Kenya and
Ethiopia. The Company is listed on the Toronto Stock Exchange and on Nasdaq
Stockholm under the symbol "AOI".

Additional Information

The information in this release is subject to the disclosure requirements of
the Company under the EU Market Abuse Regulation and the Swedish Securities
Market Act. This information was publicly communicated by the persons set out
below on May 17, 2017 at 2:00 a.m. Eastern Time.

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.


“Keith C. Hill”

President and CEO

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

Författare Nasdaq Stockholm

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