Argosy Energy International - Ownership and Business Overview

Oil/gas ExplorationCompany

Argosy Energy International Ownership

Who owns Argosy Energy International?

Argosy Energy International is owned by Gran Tierra Energy. It was acquired on April 3, 2006.

Argosy Energy International Business Overview

Where is Argosy Energy International headquartered?

Argosy Energy International is headquartered in Colombia.

How many employees does Argosy Energy International have?

Argosy Energy International has 74 employees.

What sector is Argosy Energy International in?

Argosy Energy International is an oil/gas exploration company.

When was Argosy Energy International founded?

Argosy Energy International was founded in 1983.

Oil/gas Exploration M&A Summary in 2006

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 25 in number of deals in 2006. The largest oil/gas exploration acquisition in 2006 was Kerr-McGee - which was acquired by Anadarko Petroleum for $16.4B.

Join Mergr to view all 64 acquisitions of oil/gas exploration companies in 2006, including 34 acquisitions by private equity firms, and 30 by strategics.

Argosy Energy International LP

Bogotá, ,

Colombia,

Argosy holds a diverse portfolio of producing properties, drill-ready prospects and exploration acreage in Colombia. Argosy's oil production in 2005 averaged 1,070 barrels per day (net before royalty); remaining proven reserves at December 31 2005 are estimated at 2.80 million barrels with probable reserves of 1.63 million barrels (net before royalty, according to independent estimates). Argosy's net land position is approximately 153,000 acres.


Company Summary

SECTOR

Oil/Gas Exploration

Employees

74

Established

1983

Subsidiary of

Gran Tierra Energy

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