Portfolio company

Candax Energy

Candax Energy

Company website

www.candax.com

Business sector

Other

Country of operation

Tunisia

Market

Africa

Investment status

Current portfolio

Investment type

Growth capital

Date of original investment

2005

Office

London, United Kingdom

Candax is an upstream oil and gas exploration and production company listed on the Toronto Stock Exchange. Candax holds a number of concessions in Tunisia through its subsidiary companies and is involved in the exploration and production of oil, gas and power generation in the country.

Candax was formed by an experienced executive management team with successful Canadian founders and financiers, to develop an international upstream oil and gas project portfolio. Candax is initially focusing its growth activities on production and development projects in the Middle East and North Africa, where the group has strong relationships and extensive management experience.