Add-on Acquisition • Oil/Gas Exploration

Arc Resources Acquires Seven Generations Energy

On April 6, 2021, Arc Resources acquired oil/gas exploration company Seven Generations Energy

Acquisition Context
  • This is Arc Resources’ 2nd transaction in the Oil/Gas Exploration sector.
  • This is Arc Resources’ 2nd transaction in Canada.
  • This is Arc Resources’ 2nd transaction in Alberta.

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M&A Deal Summary

Date April 6, 2021
Target Seven Generations Energy
Sector Oil/Gas Exploration
Buyer(s) Arc Resources
Deal Type Add-on Acquisition

Target Company

Seven Generations Energy

Calgary, Alberta, Canada
Seven Generations Energy is a private oil and gas company focused on resource plays in North America, including shale gas, tight gas, tight oil, and oil sands. Seven Generations Energy was founded in 2008 and is based in Calgary, Alberta.
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Buyer Overview 1

Buyer

Arc Resources

Calgary, Alberta, Canada

Category Company
Founded 1996
Sector Test/Measurement Equipment
Employees438
Revenue 5.6B CAD (2024)
DESCRIPTION

Arc Resources is a provider of high performance microelectronic components and test and measurement equipment used by companies in the commercial wireless communications, space, avionics, medical and other markets. Arc Resources was incorporated in 1996 and is headquartered in Calgary, Canada.


Deal Context for Buyer #
Overall 3 of 3
Sector: Oil/Gas Exploration 2 of 2
Type: Add-on Acquisition 3 of 3
State: Alberta 2 of 2
Country: Canada 2 of 2
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-17 ARC Resources - Saskatchewan Assets

Saskatchewan, Canada

ARC Resources Ltd. - Saskatchewan Assets and operations, which produce approximately 7,500 boe per day of production, as at the third quarter of 2016, with 37,893 Mboe of proved plus probable reserves at year-end 2015.

Sell $700M