M&A Deal Summary |
|
|---|---|
| Date | 2011-05-04 |
| Target | Marcellus Shale Acreage |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Chevron |
| Sellers(s) |
Chief Oil & Gas
Tug Hill |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1879 |
| Sector | Oil/Gas Exploration |
| Employees | 43,846 |
| Revenue | 235.7B USD (2022) |
Chevron is a fully integrated energy company. Its business includes petroleum operations, chemicals, mining operations, power generation and energy services. Chevron's exploration and production operations consists of exploration, development and production of crude oil and natural gas. Chevron was incorporated in 1879 and is based in San Ramon, California.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 18 |
| Sector (Oil/Gas Exploration) | 5 of 13 |
| Type (Divestiture) | 2 of 4 |
| State (New York) | 2 of 4 |
| Country (United States) | 7 of 15 |
| Year (2011) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-11-18 |
Chevron - Caribbean and Central America Marketing and Aviation Businesses
United States Chevron Caribbean and Central America Marketing and Aviation Businesses, include 174 service stations operating under the Texaco brand, an equity interest in an associated refinery operation, proprietary and joint-venture terminals and aviation facilities, and commercial and industrial fuels business. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-07-19 |
Rovi and Sarta Blocks in Kurdistan
Iraq Rovi and Sarta Blocks in Kurdistan comprises two oil and gas blocks, Rovi and Sarta spread over an area of 490 square miles. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Oil/Gas Exploration |
Chief Oil & Gas LLC, an oil and gas exploration and production company, engages in the exploration, development, and production of oil and natural gas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (New York) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2011) | 1 of 1 |
Tug Hill is an oil and gas operating company based in Fort Worth, TX with offices in Canonsburg, PA and Boulder, CO. THQA is a partnership between Quantum Energy Partners and Tug Hill that is currently focused on the acquisition, development and exploitation of unconventional gas and liquids-rich assets in the Appalachian Basin, with an emphasis on the Marcellus and Utica/Point Pleasant formations in West Virginia and Southwest Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (New York) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2011) | 1 of 1 |
