M&A Deal Summary |
|
|---|---|
| Date | 2022-05-06 |
| Target | Great Western Petroleum |
| Sector | Oil/Gas Exploration |
| Buyer(s) | PDC Energy |
| Sellers(s) | EIG Global Energy Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 543M USD |
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| Category | Company |
|---|---|
| Founded | 1969 |
| Sector | Oil/Gas Exploration |
| Employees | 520 |
| Revenue | 4.3B USD (2022) |
PDC Energy is a natural gas company. PDC maintains a balanced liquids to natural gas portfolio through horizontal drilling while maintaining a solid balance sheet and ample liquidity. PDC Energy was founded in 1969 and is based in Denver, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Oil/Gas Exploration) | 3 of 3 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Colorado) | 2 of 2 |
| Country (United States) | 3 of 3 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-26 |
SRC Energy
Denver, Colorado, United States SRC Energy, Inc. is a domestic oil and natural gas exploration and production company. SRC's core area of operations is in the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas, and Nebraska. |
Buy | $1.7B |
| Category | Asset Manager |
|---|---|
| Founded | 1982 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Focused |
EIG Global Energy Partners specializes in private investments in energy and energy-related infrastructure around the world. Specific areas of interest include upstream oil and gas, midstream, power generation, renewables, and related infrastructure. EIG manages a variety of funds that provide hybrid debt and structured equity financing solutions to energy projects and companies. The Firm also offers credit/direct lending vehicles that target higher credit quality project finance instruments. EIG Global Energy Partners is headquartered in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 10 |
| Sector (Oil/Gas Exploration) | 5 of 6 |
| Type (Add-on Acquisition) | 3 of 5 |
| State (Colorado) | 1 of 1 |
| Country (United States) | 5 of 8 |
| Year (2022) | 1 of 2 |
| Size (of disclosed) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-28 |
GNL Quintero
Santiago, Chile GNL Quintero is a provider of clean, efficient, and safe energy to markets, which include residential and industrial users, power generators, and the transportation sector. GNL Quintero was founded in 2009 and is based in Santiago, Chile. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-20 |
ELC
Savannah, Georgia, United States ELC is an LNG liquefaction facility located near Savannah, Georgia. ELC began full commercial operations in August 2020 and is comprised of 10 Movable Modular Liquefaction Units with a nameplate capacity of approximately 2.5 million tons per annum of liquefied natural gas (LNG) for export, which is equivalent to approximately 350 million cubic feet (MMcf) per day of natural gas. |
Sell | - |
