M&A Deal Summary

Afren Acquires Black Marlin Energy Holdings

On October 8, 2010, Afren acquired oil/gas exploration company Black Marlin Energy Holdings

Acquisition Highlights
  • This is Afren’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Afren’s 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2010-10-08
Target Black Marlin Energy Holdings
Sector Oil/Gas Exploration
Buyer(s) Afren
Deal Type Add-on Acquisition

Target

Black Marlin Energy Holdings

Dubai, United Arab Emirates
Black Marlin Energy Holdings Ltd. operates acquisition, exploration, and development of petroleum and natural gas properties.

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Buyer(S) 1

Buyer

Afren

London, United Kingdom

Category Company
Founded 2004
Sector Oil/Gas Exploration
Employees439
Revenue 946M USD (2014)
DESCRIPTION

Formed in 2004, Afren PLC is an international independent oil exploration and production company based in London.


DEAL STATS #
Overall 2 of 2
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-06 Devon Energy - Cote d Ivoire Assets

United States

Devon Energy Corp. - Cote d'Ivoire Assets include Devon's interests in offshore producing Block CI-11, offshore undeveloped Block CI-01 and the onshore Lion gas processing plant. Devon's current net production from Cote d'Ivoire is approximately 3,000 oil-equivalent barrels per day.

Buy $205M