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Calima Energy

Contacts

Calima Energy Ltd
1A/1 Alvan St
Subiaco, Perth WA 6008
Australia

Tel: +61 8 6500 3270

Description

Calima Energy is a public company listed on the ASX (ASX:CE1). The principal activity of Calima is investing in oil and gas exploration and production projects internationally.

Calima’s focus is on undeveloped unconventional gas/liquids acreage in the highly productive Montney Formation of the Western Canada Sedimentary Basin (“WCSB”) of British Columbia, Western Canada.

Calima has interests in three African portfolio assets which offer optionality over projects that will not require significant capital in the short term.

These include a 50% holding in four offshore Production Sharing Contracts (“PSCs”) awarded by the Sahwari Arab Democratic Republic (“SADR”), more commonly known as Western Sahara.

Calima also has a 10% passive holding in Bahari Holding Company Ltd (“Bahari”), which is the Operator of petroleum exploration agreements covering Blocks 35, 36 and 37 in the offshore territory of the Union of Comoros in the Indian Ocean.

These portfolio holdings are complemented by the recently awarded 56% Operatorship of a 5,433km² block over the deepwater oil play in the Orange River Basin of southern Namibia.

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