Modern Resources was acquired by EnCap Investments And ARC Financial on December 1, 2012

Oil/gas Exploration Company

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 16 in number of deals in 2012. The largest oil/gas exploration acquisition in 2012 was Nexen Energy ULC - which was acquired by CNOOC for $15.1B.

Join Mergr to view all 140 acquisitions of oil/gas exploration companies in 2012, including 46 acquisitions by private equity firms, and 94 by strategics.

Modern Resources, Inc.

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

Modern Resources Inc. ("Modern" or the "Company") is a Calgary, Alberta based private oil & gas company established in late 2012. The Company has closed an initial commitment of equity in the amount of CDN$300 Million. Modern’s major investors are ARC Financial Corp. and Encap Investments L.P. The company will be seeking oil and gas acquisition and exploitation opportunities in Western Canada.


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