Glencore Xstrata and Caracal Energy, announced today that they have reached a definitive agreement for a wholly owned subsidiary of Glencore to acquire Caracal for an all cash consideration of £5.50 per common share by way of Plan of Arrangement. As a result of the Arrangement, Caracal is also announcing that it has terminated a prior agreement [...]
Caracal Energy through its wholly owned subsidiary PetroChad Mangara Limited, is pleased to announce that it has signed a US$140 million Reserve Based Senior Secured Facility with a syndicate of lenders led by Natixis and Société Generale Corporate & Investment Banking as Initial Mandated Lead Arrangers and Bookrunners and ING Bank as Mandated Lead Arranger. In addition, Caracal has an option to increase the Facility by up to an additional US$110 million subject to receipt of further lender commitments. The Facility has a final maturity date of Ma... [...]
Caracal Energy notifies the market that the Company's issued share capital as at the close of business on 31 March 2014 was 146,703,856 common shares. The Company does not hold any common shares in treasury. As at 1 April 2014, the total number of voting rights in the Company is 146,703,856. Shareholders may use this figure as the denominator for [...]
Caracal Energy is pleased to announce its 2013 year end results, its first full year results as a listed company. A summary of the results follows, which should be read in conjunction with the full audited financial statements, related Management's Discussion & Analysis and annual information form which are available at caracalenergy.com and on the [...]
Caracal Energy today announced that the first shipment of Badila oil for export sales has been loaded at the Kribi sea terminal offshore Cameroon. Total cargo size of the lifting was approximately 950,000 barrels of oil, and Caracal's net entitlement share was 560,000 barrels of oil. Caracal's partner, GlencoreXtrata plc, was entitled to the [...]
Caracal Energy and TransGlobe Energy announced today that they have entered into an agreement to merge the two companies by way of an exchange of shares pursuant to a plan of arrangement under the Business Corporations Act (Alberta).
Caracal Energy notifies the market that the Company's issued share capital as at the close of business on 28 February 2014 was 146,663,857 common shares. The Company does not hold any common shares in treasury.
Caracal Energy is pleased to announce today the results of its 2013 year-end oil and gas reserve and contingent resource evaluation. The independent reserves and resources evaluation was provided by McDaniel & Associates Consultants and demonstrates a significant increase in volumes from our prior year evaluation with an effective date December 31 [...]
Caracal Energy notifies the market that the Company's issued share capital as at the close of business on 31 January 2014 was 146,596,258 common shares. The Company does not hold any common shares in treasury. As at 3 February 2014, the total number of voting rights in the Company is 146,596,258. Shareholders may use this figure as the denominator [...]
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