Carrot Creek Assets - Ownership and Business Overview

Oil/gas ExplorationCompany

Carrot Creek Assets Ownership

Who owns Carrot Creek Assets?

Carrot Creek Assets is owned by Direct Energy. It was acquired on December 9, 2011.

Carrot Creek Assets Business Overview

Where is Carrot Creek Assets headquartered?

Carrot Creek Assets is headquartered in Alberta.

What sector is Carrot Creek Assets in?

Carrot Creek Assets is an oil/gas exploration company.

Oil/gas Exploration M&A Summary in 2011

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 18 in number of deals in 2011. The largest oil/gas exploration acquisition in 2011 was El Paso - which was acquired by Kinder Morgan for $37.8B.

Join Mergr to view all 111 acquisitions of oil/gas exploration companies in 2011, including 38 acquisitions by private equity firms, and 73 by strategics.

Carrot Creek Assets

Alberta
Canada,

Carrot Creek is located 160 km west of Edmonton and lies adjacent to the successful Cardium oil development in which Direct Energy is already involved. This acquisition represents a unique opportunity to invest in a liquids-rich, multi-zone area that has significant development potential, deploying the same horizontal drilling techniques currently utilised by Direct Energy.


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