M&A Deal Summary |
|
|---|---|
| Date | 1999-08-17 |
| Target | PennzEnergy |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Devon Energy |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.6B USD |
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| Category | Company |
|---|---|
| Founded | 1971 |
| Sector | Oil/Gas Exploration |
| Employees | 1,800 |
| Revenue | 15.3B USD (2023) |
Devon Energy a U.S. based independent natural gas and oil producers. The company's operations are focused on North American onshore exploration and production. Devon Energy was founded in 1971 and is based in Oklahoma City.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 13 |
| Sector (Oil/Gas Exploration) | 3 of 12 |
| Type (Add-on Acquisition) | 3 of 9 |
| State (Texas) | 2 of 6 |
| Country (United States) | 2 of 11 |
| Year (1999) | 1 of 1 |
| Size (of disclosed) | 6 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-07-06 |
Northstar Energy
Calgary, Alberta, Canada Northstar Energy Corp. is a provider of gas and oil exploration services. Northstar properties are located primarily in Alberta and Northeast British Columbia, with total proven reserves of 550 bcf of natural gas and 36 million bbl of oil and NGL. |
Buy | $750M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-05-26 |
Santa Fe Snyder
Houston, Texas, United States Santa Fe Snyder Corp. is an oil & gas exploration and production company. |
Buy | $3.5B |
