Dec 31, 2011
Avana Petroleum Ltd's principal shareholders and Camac Energy Inc have signed a definitive agreement whereby Camac Energy will acquire 100% of the issued share capital of Avana Petroleum for a total $15mn payable in Camac Energy common stock
Nov 13, 2011
PSC for Kenyan offshore block L9 was signed in Nairobi on May 17th, 2011. Partners are Avana Petroleim Limited (10% working inetrest), Dominion Petroleum (60% working interest and operatorship) and Flow Energy Limited (30% working interest)