Portfolio company
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.