Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5098

Deal #5098 Version #71015

Chad

Created at

2016-06-30

Last update

2016-06-30

Last full update

2018-04-05

Land area

Intended size

7 100 ha

Size under contract (leased or purchased area)

[2012, current] 7100.0 ha

Intention of investment

[current] Mining

Comment on intention of investment

Oil field

Nature of the deal

Exploitation permit / license / concession (for mineral resources)

Negotiation status

[2012, current] Concluded (Contract signed)

Comment on negotiation status

Glencore first acquired shares in Caracal in 2012 when it took a 25% share in Magara and Badila fields. In 2014 Glencore bought 100% of Caracal's assets.

Implementation status

[2015, current] In operation (production)

Comment on implementation status

Pipelines of the Mangara & Badila Field Development constructed in 2013 (under Caracal). First oil in 2015

Leasing fees

Annual leasing fee

3 195

for specified area

Annual leasing fee area