Baraka is an Australian ASX listed company (ASX:BKP) focused on identifying, exploring and developing Energy & Resource assets within Australia and globally.
Previously, Baraka had a major focus on Oil & Gas in Mauritania, however in 2009 a new board was appointed who then recapitalised the company and shifted closer to home with an interest in the Georgina Basin, Northern Territory.
Recently, Baraka has changed its name to Baraka Energy & Resources Limited to indicate a broader focus on global investments into energy & resource projects to diversify risk. The global demand for energy will not fade with a rapidly increasing & diverse population, which is why energy projects will continue to be the primary focus.
With this in mind, Baraka will continue to actively seek out new projects that can create value for its shareholders.