Stranded Oil Resources Acquires Naval Petroleum Reserve Number 3

On January 30, 2015, Stranded Oil Resources acquired oil/gas exploration company Naval Petroleum Reserve Number 3 for 45M USD

This is Stranded Oil Resources’ 1st transaction in the Oil/Gas Exploration sector.
This is Stranded Oil Resources’ largest (disclosed) transaction.
This is Stranded Oil Resources’ 1st transaction in the United States.
This is Stranded Oil Resources’ 1st transaction in Wyoming.

M&A Deal Summary
Date	2015-01-30
Target	Naval Petroleum Reserve Number 3
Sector	Oil/Gas Exploration
Buyer(s)	Stranded Oil Resources
Deal Type	Add-on Acquisition
Deal Value	45M USD

Casper, Wyoming, United States

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New York, New York, United States

Category	Company
Sector	Oil/Gas Exploration

Stranded Oil Resources Corp. is an operator in exploration and production, focused on enhanced oil recovery.