May 22 (Reuters) - Africa Oil Corp AOI.TO
* Africa Oil provides update on Maersk Farmout Transaction
* Companies have agreed to payment terms related to $75 million advance development carry
* Africa oil is due to receive equal quarterly payments of us $18.75 million at end of each calendar quarter during 2018 Source text for Eikon: ID:nCCNdVjgka Further company coverage: AOI.TO