CAMAC Energy, Inc. (CAK)
Pacific Asia Petroleum, Inc. was founded in 2005 by a team of former senior executives from Texaco with more than 125 years of combined energy experience. Led by President and Chief Executive Officer, Frank C. Ingriselli, Pacific Asia is executing a low-risk high-return strategy designed to deliver real cash flow and real returns to it's shareholders. Pacific Asia has the long-standing government relationships required and the access and ownership to the physical resources needed to succeed in China. Those resources include, but are not limited to, potential oil and gas assets valued at over $500 million. Pacific Asia continues to partner with select Super-Major and other strategic energy companies to seek out low-risk, high-return projects with limited capital exposure. It strives to build and leverage these partnerships with other strong, technologically experienced, cash-rich energy companies to generate long-term value for it's shareholders.
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