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September 03, 2015 4:35 PM ET

Oil, Gas and Consumable Fuels

Company Overview of ACL International Ltd.

Company Overview

ACL International Ltd. operates as an oil and gas exploration and development company in Indonesia. It owns 50% working interest in the Langsa TAC concession that covers an area of 77 square kilometers located offshore, North Sumatra; and 38.25% working interest in the South Block A, which consist of an aggregate 2,105 square kilometers of exploration acreage located in North Sumatra. The company was formerly known as Anthony Clark International Insurance Brokers Ltd. and changed its name to ACL International Ltd. in May 2014. ACL International Ltd. was founded in 1989 and is based in Calgary, Canada.

5940 Macleod Trail South West

Suite 500

Calgary, AB T2H 2G4

Canada

Founded in 1989

Phone:

587-952-5085

Fax:

403-225-5745

Key Executives for ACL International Ltd.

ACL International Ltd. does not have any Key Executives recorded.

ACL International Ltd. Key Developments

ACL Mulls Acquisitions

ACL International Ltd. (TSXV:ACL.H) intends to pursue acquisitions. The company has raised $5million through a private placement of convertible debentures. The net proceeds will be used by the company to fund potential acquisitions and general working capital purposes.

ACL International Ltd. Appoints Mr. Aqeel Virk as Board of Director

ACL International Ltd. announced the appointment of Mr. Aqeel Virk to the company's Board of Directors, to hold office until the next regularly schedule annual general meeting of ACL shareholders. Mr. Virk is an experienced oil and gas professional and has worked for several oil and gas companies with assets in Canada, U.S. and Indonesia. Mr. Virk has been actively involved in business development, company operations and legal affairs. Moreover, Mr. Virk is experienced in regulatory compliance, asset acquisitions and contract negotiations. He is currently a director for Australian Oil Company Limited.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 18, 2015
--
Merger/Acquisition
February 2, 2015
ACL International Ltd., Prior To Reverse Merger With Blue Sky Langsa Limited
 

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