CAMAC Energy
Description
CAMAC Energy Inc. (NYSE Amex: CAK) is a U.S.-based energy company engaged in the exploration, development, production and distribution of oil and gas. The Company focuses on early cash flow and high-return global energy projects and currently has operations in Nigeria and, through its Pacific Asia Petroleum subsidiaries, in China.
The Company's principal assets include interests in the Oyo Oilfield, an offshore oil asset in deepwater Nigeria that started production in December 2009; a 100% interest in the Zijinshan CBM gas asset located in the Shanxi Province, China; and the Enhanced Oil Recovery and Production (EORP) business in Northern China.
The Company was founded in 2005 and was formerly known as Pacific Asia Petroleum, Inc.