Financials and Investment News in Chad

Savannah Announces Proposed Placing & Subscription to Raise $65M
12/30/2021 - Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, announces its intention to conduct an accelerated bookbuild (the "Bookbuild")...
Exxon in Negotiations with Chad over Record $74b Fine
11/15/2016 - Exxon Mobil Corp is negotiating with Chad over a record $74 billion fine the U.S. oil company was told to pay by a court in the central African nation over unpaid royalties, Bloomberg reported on Tues...
Exxon Disagrees with Court's $75b Fine for its Chad Consortium
10/6/2016 - ExxonMobil said it disagreed with a court decision in Chad that fined a consortium led by the U.S. oil major over 44 trillion CFA francs ($75 billion) - nearly four times BP's record Deepwater Horizon...
Chad to Reschedule $1.5b of Glencore-Led Oil Loans
5/11/2015 - Chad’s government is seeking to delay repayment of about $1.5 billion of Glencore Plc-led bank loans to conserve cash after a collapse in crude prices and its intervention in the war against Boko Hara...
Caracal Secures $140m in Debt Financing
4/7/2014 - Caracal Energy Inc 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 (the "Facility") with...

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