M&A Deal Summary |
|
---|---|
Date | 2014-10-15 |
Target | PDC Mountaineer |
Sector | Oil/Gas Exploration |
Buyer(s) | Arsenal Resources |
Sellers(s) |
Lime Rock Partners
PDC Energy |
Deal Type | Add-on Acquisition |
Deal Value | 500M USD |
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Category | Company |
---|---|
Founded | 2010 |
Sector | Oil/Gas Exploration |
Arsenal Resources is a natural gas operator headquartered in Pittsburgh, Pennsylvania that is engaged in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids. Arsenal Resources was founded in 2010 and is based in Wexford, Pennsylvania.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Oil/Gas Exploration) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (West Virginia) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2014) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Private Equity Firm |
---|---|
Founded | 1998 |
PE ASSETS | 10.4B USD |
Size | Mega |
Type | Sector Focused |
Lime Rock Partners is a private investment firm focused on growth capital investments in the energy industry. Specifically, Lime Rock looks for companies engaged in exploration & production, energy service, and oil service technology in North America and Europe. Lime Rock's target investment size is $50 to $150 million in businesses valued up to $500 million. Lime Rock Partners was formed in 1998 and is affiliated with Lime Rock Resources. Lime Rock Partners has offices in Westport, Connecticut; Aberdeen, Scotland; and Houston, Texas.
DEAL STATS | # |
---|---|
Overall | 29 of 62 |
Sector (Oil/Gas Exploration) | 9 of 23 |
Type (Add-on Acquisition) | 13 of 25 |
State (West Virginia) | 1 of 2 |
Country (United States) | 13 of 29 |
Year (2014) | 4 of 6 |
Size (of disclosed) | 5 of 15 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-06-25 |
EV
Norwich, United Kingdom EV specializes in well diagnosis to provide timely insight to well operators, helping them to understand and resolve their most complex wellbore issues. The company generates vivid, visual diagnostic information and presents it simply to deliver highly intuitive answers and instant understanding directly to the well site. EV's global team of specialists allows customers to plan their next move with precision, helping to reduce risk and increase operational performance. Its first gained acclaim for engineering ruggedized cameras for televising extreme sports. In 2004 EV applied this expertise and know-how to develop a system aimed at identifying problems in oil and gas well completions in the North Sea. Epidote was formed in 2001 and is based in Norwich, United Kingdom. |
Sell | £69M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-11-01 |
UTEC Survey
Houston, Texas, United States UTEC Survey is a independent offshore survey companies providing a wide range of offshore survey and geotechnical services including construction support, industrial measurement, positioning, and geophysical survey services worldwide. |
Sell | - |
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 | 1 of 1 |
Sector (Oil/Gas Exploration) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (West Virginia) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2014) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2009-10-12 |
PDC Mountaineer
Bridgeport, West Virginia, United States PDC Mountaineer is a natural gas exploration and production company. |
Buy | - |
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 |