CAMAC International Ranked on the 2008 Top Ten
Houston – May 14, 2009 – CAMAC International Corporation was named to the 2008 Houston Chronicle: Houston’s Leading Companies List. CAMAC was recognized as the ninth largest privately owned company in the city of Houston with $2.43 billion in revenue for 2008, up from the 11th position the previous year.
This is the third consecutive year for CAMAC’s appearance on the list. The Chronicle 100 list is compiled annually by business reporters at the Houston Chronicle as a barometer of how diverse industries in Houston perform against competitors.
“It is a great honor for our company to be named as one of the top ten companies in Houston and for us to be recognized by the Houston Chronicle as a leading company in Houston,” Kase L. Lawal, Chairman & Chief Executive Officer of CAMAC International Corporation said. “CAMAC’s ranking at such a high position demonstrates the overall contribution, dedication and effort of the staff throughout the CAMAC system.”
Background on CAMAC
Founded in 1986 and headquartered in Houston, Texas, CAMAC is a global energy corporation with interests in the exploration and production of crude oil and natural gas in West Africa and South America energy properties, engineering and consulting services, and crude oil and refined products trading for markets in Africa, Europe, North America and South America. In 2008, CAMAC earned revenues of $2.43 billion.
CAMAC has consistently ranked on the Forbes Magazine list of the 400 largest privately-owned corporations in the United States and on the Black Enterprise Magazine List as the second largest African-American owned company in the United States. In 2006, CAMAC was named the Company of the Year by Black Enterprise Magazine. CAMAC affiliate offices are located Bogota, Colombia; Johannesburg, South Africa; Lagos, Nigeria; and London, England.