Anglo African Oil & Gas plc (AIM:AAOG) will look for acquisitions. Anglo African Oil & Gas plc has filed a Follow-on Equity Offering of £6 million. Anglo African intends to use the net proceeds of the Placing to Complete well TLP-103C (including contingency) up to £4.25 million, for payment of Outstanding and anticipated operational costs of up to £0.90 million, and Due diligence over potential acquisition opportunities up to £0.35 million.