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Oct 28, 2010

Africa Oil Provides Update of Court Proceedings

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 28, 2010) - Africa Oil Corp. (TSX VENTURE:AOI) ("Africa Oil" or "the Company") advises that, further to its September 28, 2010 news release, the hearing in respect of the judicial review action brought by Interstate Petroleum Ltd. ("IPL") against the Permanent Secretary, Ministry for Energy, relating to the administrative process that led to the issuance of exploration permits in respect of, amongst others, Blocks 10BB, 12A and 13T, has been adjourned to November 16, 2010. At the October 27, 2010 hearing, IPL requested the adjournment so that it could review the extensive affidavits and submissions filed by the Attorney General of Kenya's office on behalf of the Permanent Secretary, by counsel for the Company on behalf of certain of the Interested Parties, and by counsel for Centric Energy Corp., also an Interested Party. The Company's counsel advised the High Court of Kitale that they were ready and able to proceed with the hearing as originally scheduled. However, they agreed to acquiesce to IPL's request in exchange for the establishment of certain dates for the final hearing of the matter, in the hopes of having it resolved finally, and as soon as possible.

Keith Hill, the Company's President, stated, "Africa Oil maintains its position that there is no basis for the claims that IPL is making against the Permanent Secretary. Both the Permanent Secretary and the Ministry of Energy share our view in that regard. The Company continues to work closely with all interested parties to ensure that our interests in the Blocks are safeguarded, and to expedite resolution of the case."

Africa Oil Corp. is a Canadian oil and gas company with assets in Kenya, Ethiopia and Puntland (Somalia). Africa Oil's East African holdings are in what is considered a truly world-class exploration play fairway. The Company's total gross land package in this prolific region is approaching 250,000 square kilometers - an area roughly the size of Great Britain. The East African Rift Basin system is one of the last of the great rift basins to be explored. New discoveries have been announced on all sides of Africa Oil's virtually unexplored land position including the major Tullow Albert Graben oil discovery in neighbouring Uganda. Similar to the Albert Graben play model, Africa Oil's concessions have older wells, a legacy database, and host numerous oil seeps indicating a proven petroleum system. Good quality existing seismic show robust leads and prospects throughout Africa Oil's project areas. The Company is listed on the TSX Venture Exchange under the symbol "AOI".


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 Hill, President and CEO


Africa Oil Corp.
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)