Suvarna Garge (Editor)

Caracal Energy

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Traded as
  
LSE: CRCL

Net income
  
£(84.2) million (2013)

Headquarters
  
Calgary, Canada

Founded
  
2008

Operating income
  
£(84.5) million (2013)

Website
  
www.caracalenergy.com

Revenue
  
27.2 million GBP (2013)

Type
  
Public limited company

Industry
  
Oil exploration and development

Key people
  
Robert Hodgins (Chairman) Gary Guidry (CEO)

Caracal Energy plc is a Canadian oil exploration and development business with operations in Chad. It was acquired by Glencore in 2014.

Contents

History

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.

In 2013 the company was fined C$10.35 million after allegedly making improper payments to the wife of Chad's ambassador to Canada.

In April 2014 Glencore made an offer to buy the company.

Operations

The company has oil exploration and development operations in Chad.

References

Caracal Energy Wikipedia