Out of 60 sectors in the Mergr database, oil/gas exploration ranked 26 in number of deals in 2015. The largest oil/gas exploration acquisition in 2015 was BG Group - which was acquired by Royal Dutch Shell for $72.4B.
Join Mergr to view all 89 acquisitions of oil/gas exploration companies in 2015, including 23 acquisitions by private equity firms, and 66 by strategics.
The CPE-6 Block is located in the highly prolific southern Llanos Basin of Colombia. The Contract covers an area of approximately 240,000 hectares and lies along the regional heavy oil trend approximately 70 kilometres southwest of the Company's operated Rubiales and Quifa SW heavy oil fields. CPE-6 Block was estimated to contain 38 MMbbl of 2P reserves as evaluated by an independent third party evaluator.
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