Modern Resources - Ownership and Business Overview

Oil/gas ExplorationCompany

Modern Resources Ownership

Who owns Modern Resources?

Modern Resources is owned by Tourmaline Oil. It was acquired on November 2, 2020.

Was Modern Resources formerly PE-backed?

Yes. Modern Resources was formerly owned by 2 private investors.

Modern Resources Business Overview

Where is Modern Resources headquartered?

Modern Resources is headquartered in Calgary, Alberta.

What sector is Modern Resources in?

Modern Resources is an oil/gas exploration company.

When was Modern Resources founded?

Modern Resources was founded in 2012.

Oil/gas Exploration M&A Summary in 2020

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 36 in number of deals in 2020. The largest oil/gas exploration acquisition in 2020 was Noble Energy - which was acquired by Chevron for $13.0B.

Join Mergr to view all 63 acquisitions of oil/gas exploration companies in 2020, including 9 acquisitions by private equity firms, and 54 by strategics.

Modern Resources

Modern Resources, Inc.

110-8th Avenue South West Suite 200,
Calgary, Alberta T2P 1B3
Canada,
(403) 536-6446
www.modernresources.ca

Modern Resources is an oil and gas company focused on the pursuit of proved reserve acquisitions. Modern Resources was founded in 2012 and is based in Calgary, Alberta.


Company Summary

SECTOR

Oil/Gas Exploration

Established

2012

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