M&A Deal Summary

New Western Energy Acquires Legend Oil and Gas

On January 24, 2014, New Western Energy acquired oil/gas exploration company Legend Oil and Gas

Acquisition Highlights
  • This is New Western Energy’s 1st transaction in the Oil/Gas Exploration sector.
  • This is New Western Energy’s 1st transaction in the United States.
  • This is New Western Energy’s 1st transaction in Washington.

M&A Deal Summary

Date 2014-01-24
Target Legend Oil and Gas
Sector Oil/Gas Exploration
Buyer(s) New Western Energy
Deal Type Add-on Acquisition

Target

Legend Oil and Gas

Seattle, Washington, United States
website
Legend Oil and Gas Ltd. is a managed risk, oil and gas exploration/exploitation, development and production company with activities currently focused on leases in southeastern Kansas and northern Oklahoma.

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Buyer(S) 1

Buyer

New Western Energy

Irvine, California, United States

website


Category Company
Founded 2008
Sector Energy Services and Equipment
Revenue 349M USD (2014)
DESCRIPTION

New Western Energy Corp. is an independent energy company engaged in the acquisition, development, production, and exploration of oil, gas and minerals primarily in North America.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1