Caracal Energy
 | |
| Company type | Public limited company |
|---|---|
| Industry | Oil exploration and development |
| Founded | 2008 |
| Headquarters | Calgary, Alberta |
Key people | Robert Hodgins (Chairman) Gary Guidry (CEO) |
| Revenue | £27.2 million (2013)[1] |
| £(84.5) million (2013)[1] | |
| £(84.2) million (2013)[1] | |
| Website | www |
Caracal Energy plc is a Canadian oil exploration and development business with operations in Chad. It was acquired by Glencore in 2014.
History[edit]
The company was formed by Brad Griffiths as Griffiths Energy International Inc in 2009. After Brad Griffiths was killed in a boating accident in 2011, the company changed its name to Caracal Energy.[2]
In 2013 the company was fined C$10.35 million after allegedly making improper payments to the wife of Chad's ambassador to Canada.[2]
In April 2014 Glencore made an offer to buy the company.[3]
Operations[edit]
The company has oil exploration and development operations in Chad.[2]
References[edit]
- ^ a b c "Preliminary Results for year ended 31 December 2013" (PDF). Exova. Retrieved 25 June 2014.[permanent dead link]
- ^ a b c "Caracal Energy to acquire Transglobe to add assets in Egypt". Retrieved 25 June 2014.
- ^ "Glencore Xstrata buys Caracal Energy". Wall Street Journal. 14 April 2014. Retrieved 25 June 2014.