Chad: Griffiths Energy revives IPO plans

Canada’s Griffiths Energy International plans to change its name to Caracal Energy and list its shares on the London Stock Exchange’s main market. The company planned an initial public offering last year, but the plans were shelved when the company discovered that its late founder, Brad Griffiths, had bribed Chadian officials to obtain exploration acreage. Griffiths Energy was fined C$10.35m by a Calgary court in January.