Company Information

Get to know CAMAC International

Founded in 1986 by Kase Lawal, CAMAC (Catastrophic Accident, Prevention and Management for an Accident-free Company) International Corporation grew into a significant player in the energy sector. The company specialized in the exploration, development, and production of crude oil and natural gas, with its main assets located offshore Nigeria. Over time, its public E&P affiliate, CAMAC Energy Inc., became the primary operational entity, later rebranding to Erin Energy Corporation in 2015. Despite initial successes, the company faced financial difficulties exacerbated by falling oil prices and operational challenges, leading Erin Energy to file for bankruptcy protection in 2018 and cease operations.

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CAMAC International

United States

Founded in

1986 (40 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.