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You are here:Home>>Emeka Chiakwelu>>Displaying items by tag: Kase Lawal
Displaying items by tag: Kase Lawal
Monday, 20 September 2010 13:18

Dr. Kase Lawal Receives Appointment

 

Kase Lawal Receives Obama Administration Appointment

Houston, Texas, September 20, 2010/Afripol (press release): President Obama has appointed Kase Lawal, Chairman and CEO of Camac International Corporation, to a distinguished advisory panel on international trade policy.

Dr. Lawal is one of 30 appointees to the Advisory Committee for Trade Policy and Negotiation (ACTPN) announced by the White House. The committee, which is made up of a broad spectrum of industry, government, labor and environmental representatives, provides guidance on trade matters.

“It is an honor to serve President Obama as a member of this Advisory Committee,” Lawal said. “I remain dedicated to opening markets throughout the world and lending my expertise to shape policies and strengthen opportunities.”

For many years, Lawal has been very active in developing international trade relations, particularly with Africa. Previously, Dr. Lawal served as a member of the United States Presidential Trade Advisory Committee on Africa during the Bush and Clinton Administrations. Additionally, he has participated in several trade missions to Africa and served on the Board of Directors of the Corporate Council on Africa.

Committed to community service, Dr. Lawal provides leadership on several boards and commissions, including the Port of Houston Authority, the Houston Airport System Development Corporation, Fisk University, the National Urban League and the Greater Houston Partnership. He established endowments at the University of Houston’s Cullen College of Engineering and at Texas Southern University to form the Lawal Center for Global Trade. He is also the Chairman of Allied Energy Corporation, Vice Chairman of the Unity National Bank Board of Directors, and Chairman of the Board for CAMAC Energy, Inc., a U. S.-based, energy company, publicly traded on the NYSE Amex.

A copy of the official announcement released by the White House can be found on the Office of the Press Secretary's website at http://www.whitehouse.gov/the-press-office/2010/09/15/president-obama-announces-more-key-administration-posts-0

About CAMAC

Founded in 1986, CAMAC (www.camac.com) specializes in oil and gas exploration & production, trading and engineering consulting.  CAMAC is headquartered in Houston with offices located in Abuja, Johannesburg, Lagos and London.  In 2009, CAMAC earned revenues of approximately US$1.5 billion.

 

SOURCE CAMAC International

http://www.camac.com

 

CAMAC Energy Inc. (NYSE Amex CAK 3.97, -0.18, -4.31%) US publicly traded Energy Company that primarily engaged and focused on strategic development of oil projects by singular and multilateral operations. The market capitalization of the formerly Pacific Asia Petroleum Inc is about 632.1 M and the stocks have been hovering slightly below or above $ 4.00 momentarily.

With the market prospect of Camac Energy Inc, the stocks are highly recommendable for a diversified portfolio especially at this time in the global economy and the stocks are likely to appreciate in near future. The stocks which traded without much exposure at OTC bulletin board as Pacific Asia Petroleum is now a listed company at AMEX and NYSE as Camac Energy Inc after acquiring principal assets in the Oyo Oilfield. With its superior management team and implementable strategies it can grow to become a mid cap or even a large cap energy company at a faster pace. Superior management as an invaluable human capital can be an antidote to mistakes and bulwark to unforeseen circumstances and risk management.

Camac Energy Inc has opportunities for advancement and growth because of its holdings particularly in West Africa and China oil fields. Moreover the management has high quality individuals who have been in oil business for long time with enviable experience. The human capital can be leverage for advancing the energy company. The beginning of standard & Poor’s Factual Stock Report coverage comes with a credit rating that will enhance accountability and transparency, thus affirming optimum confidence in the company.

In Nigeria, Camac energy’s " principal assets include the Oyo Oilfield, an offshore oil asset in deepwater Nigeria that started production in December 2009; the Zijinshan Gas Asset, a 100%-owned gas asset in the Shanxi Province, China; and the Enhanced Oil Recovery and Production business in Northern China."

With its footing in west Africa, Camac Energy Inc may not only have to rely only its operation in Oyo Oilfield but it can also bid for oil exploration licenses in Nigerian deep waters and off shore. In Nigeria the risk of political tension and disturbances in Niger Delta is slowing down and it can minimize the political risk by bidding for off shore drilling. In China, Camac Energy with its subsidiaries can explore more oil fields in negotiated partnership with the authorities of provinces in the country.

The quantum development of Energy Company entails high intensive capital and lot of patience and prudence. This is where the experience and management acumen of quality individuals including the company’s President and CEO, Frank C. Ingriselli and Dr. kase lawal, a board member of the company, The chairman and Founder of Camac International Corporation comes handy.

Dr. Kase Lawal as a strategic asset

kase Lawal, Chairman of Camac Energy Inc has a strategic experience in global oil business, his dealings and undertakings in the world of oil deals can help propel Camac Energy Inc to greater heights. The management skill of the CEO Frank C. Ingriselli has been noted and enhanced since his touch of guidance he gave to the formerly Pacific Asia Inc until it became Camac Energy Inc and his invaluable experience as the former president of Texaco international. Lawal and Ingriselli intellectual synergy is a solid foundation.

Dr. Kase Lawal has a good and solid track record in company development and management. He has not been exempted from risks and mistakes associated in the business world but he has a sustainable quality that aided him to triumph over hiccups. He is the Founder/chairman and chief executive officer of CAMAC International Corporation and chairman of Allied Energy Corporation. The managerial prudence, business touch and guidance he utilized as he continued to develop his CAMAC Holdings can become a great asset to Camac Energy Inc. Kase Lawal as board member of Camac Energy Inc may not manage the daily business activities of Camac Energy Inc but his strategic input from his long accumulated experience can become an essential building block to the company.

Reorganization as inevitable tool for growth

Camac Energy Inc needs middle managers who are willing to work hard and provides the strategic compass for the company’s growth. These managers must be willing to take calculative risks and willing to feel the pulse of the shareholders. Reorganization enable a company to adapt to dynamics of the market place and able to compete effectively in the high energy of oil exploration and development.

Camac Energy Inc has good people in management including the recently new CFO Abiola Lawal, an erudite and intelligent manager. Mr. Abiola Lawal has been among the pillars of Oando Plc from where he came to joined Camac Energy, his strategic endeavors at Oando Plc speaks volume of his vision and skill. He brings the strategic depth to bear to the new position.

Camac Energy Inc is poise for growth and advancement but it must be prepare and ready for the challenges and opportunities in this competitive arena of oil’s exploration and production.

Afripol Organization. Africa Political and Economic Strategic Center (Afripol) is foremost a public policy center whose fundamental objective is to broaden the parameters of public policy debates in Africa. To advocate, promote and encourage free enterprise, democracy, sustainable green environment, human rights, conflict resolutions, transparency and probity in Africa.

www.afripol.org