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 141 acquisitions of oil/gas exploration companies in 2012, including 49 acquisitions by private equity firms, and 92 by strategics.
Haakon VII’s gate 1, P.O. Box 1830, Vika,
+47 22 01 66 40
Tellus Petroleum is a new independent oil & gas company established by experienced and reputable upstream professionals. The aim is to acquire a portfolio of interests in small and medium sized producing fields and discoveries on the Norwegian Continental Shelf. Tellus Petroleum will seek to increase value in producing fields and to enhance the development of discovered fields. Time critical satellite tie-backs to existing infrastructure and contributing to improved area solutions are important tasks where Tellus Petroleum will be involved.
Tellus Petroleum AS was acquired by GNRI Manco on May 1, 2012.
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