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Last $0.80 USD
Change Today -0.0295 / -3.55%
Volume 377.3K
CAK On Other Exchanges
Symbol
Exchange
Frankfurt
Johannesburg
NYSE Amex
As of 10:05 AM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

camac energy inc (CAK) Snapshot

Open
$0.84
Previous Close
$0.83
Day High
$0.84
Day Low
$0.75
52 Week High
04/16/15 - $0.91
52 Week Low
01/15/15 - $0.25
Market Cap
1.0B
Average Volume 10 Days
1.6M
EPS TTM
$-0.07
Shares Outstanding
1.3B
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CAMAC ENERGY INC (CAK)

camac energy inc (CAK) Related Businessweek News

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camac energy inc (CAK) Details

CAMAC Energy Inc. operates as an independent oil and gas exploration and production company focused on energy resources in Africa. Its asset portfolio consists of nine licenses covering an area of 43,000 square kilometers, including production and exploration properties offshore Nigeria; and exploration licenses offshore Ghana, Kenya, and Gambia, as well as onshore Kenya. The company was formerly known as Pacific Asia Petroleum, Inc. and changed its name to CAMAC Energy, Inc. in April 2010. The company was founded in 2005 and is headquartered in Houston, Texas. CAMAC Energy, Inc. is a subsidiary of CAMAC Energy Holdings Limited.

86 Employees
Last Reported Date: 03/16/15
Founded in 2005

camac energy inc (CAK) Top Compensated Officers

Founder, Executive Chairman, Chief Executive ...
Total Annual Compensation: --
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $387.1K
Senior Vice President of Exploration & Produc...
Total Annual Compensation: $486.8K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $462.8K
Chief Administrative Officer and Senior Vice ...
Total Annual Compensation: $291.7K
Compensation as of Fiscal Year 2013.

camac energy inc (CAK) Key Developments

CAMAC Energy, Inc. Concludes Oyo-8 Completion Operations

CAMAC Energy, Inc. announced it has finished completion operations on the Oyo-8 well, located offshore Nigeria, and is now ready to commence oil production. Oyo-8 is hooked up to the FPSO Armada Perdana owned by Bumi Armada Berhad. However, CAMAC has been informed by Bumi that the FPSO is not ready to receive oil production from the well due to class certification inspections of the vessel’s mooring lines being conducted by the American Bureau of Shipping. Bumi estimates these inspections to be completed within two weeks, at which time Oyo-8 will be allowed to produce into the FPSO. In the meantime, CAMAC is demobilizing the Sedco Express drilling rig from the Oyo-8 location and the rig will then mobilize to the Oyo-6 well location to continue its planned Oyo field operations. The company does not anticipate further changes to the project schedule of the Oyo-7 well as a result of the FPSO inspection delays.

CAMAC Energy Inc. Reports Unaudited Consolidated Operational and Earnings Results for the Year Ended December 31, 2014

CAMAC Energy Inc. reported unaudited consolidated operational and earnings results for the year ended December 31, 2014. For the year, the company reported net loss attributable to the company of $96,062,000 or $0.08 per basic and diluted share against $43,525,000 or $0.05 per basic and diluted share a year ago. Loss from continuing operations before income taxes was $96,308,000 against $43,489,000 a year ago. Net loss from continuing operations was $96,308,000 against $43,489,000 a year ago. Revenues were $53,844,000 against $63,736,000 a year ago. Operating loss was $93,325,000 against $43,527,000 a year ago. Net cash used in operating activities was $33,547,000 against $36,625,000 a year ago. Capital expenditures were $128,510,000 against $602,000 a year ago. For the year, the company reported average production of 1,300 barrels of oil per day, net of royalties.

CAMAC Energy, Inc. to Report Q4, 2014 Results on Mar 12, 2015

CAMAC Energy, Inc. announced that they will report Q4, 2014 results on Mar 12, 2015

 

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