Africa Oil Reports on Security Situation in Kenya

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 23, 2013) - Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE:AOI) (AOI.ST) reports on the security situation in Kenya.

There will be few people now that are not aware of the attack that took place at a shopping centre in Nairobi on Saturday 21 September. Our thoughts are with all of those affected by this tragic event. Our hopes remain focused on those that are still involved.

Africa Oil continues to monitor developments on the ground and is maintaining close contact with both the Kenyan law enforcement agencies and the relevant diplomatic missions to ensure that we are fully appraised of the developing security situation.

The security situation in Nairobi outside of the immediate area of the attack remains calm, our personnel are safe and field operations have not been affected. Our primary concern is the safety and security of our staff and contractors and we will continue to monitor the situation closely.

Kenya, like so many other countries in the world, is not immune to terrorist attacks. And like those other countries Kenya has vowed to not allow these attacks to halt its social, political and economic development that is so important not only to its own citizens, but the region and Africa as a whole.

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 45% equity interest in Horn Petroleum Corporation. Africa Oil's East African holdings are in within a world-class exploration play fairway with a total gross land package in this prolific region in excess of 250,000 square kilometers. The East African Rift Basin system is one of the last of the great rift basins to be explored. Two new significant discoveries have been announced in the Lokichar basin in which the Company holds a 50% interest along with operator Tullow Oil plc. The Company is listed on the TSX Venture Exchange and on First North at NASDAQ OMX-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.