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M&A Deal Summary

Aspenleaf Acquires Arcan Resources

On April 22, 2015, Aspenleaf acquired oil/gas exploration company Arcan Resources

Acquisition Highlights
  • This is Aspenleaf’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Aspenleaf’s 1st transaction in Canada.
  • This is Aspenleaf’s 1st transaction in Alberta.

M&A Deal Summary
Date 2015-04-22
Target Arcan Resources
Sector Oil/Gas Exploration
Buyer(s) Aspenleaf
Deal Type Add-on Acquisition
Advisor(s) Scotiabank - Global Banking and Markets
RBC Capital Markets (Financial)
Blake, Cassels & Graydon (Legal)

Target

Arcan Resources

Calgary, Alberta, Canada
Arcan Resources Ltd. is principally engaged in the exploration, development and acquisition of petroleum and natural gas located in Canada's Western Sedimentary Basin.

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Buyer(S) 1

Buyer

Aspenleaf

Calgary, Alberta, Canada
Category Company
Founded 2013
Sector Oil/Gas Exploration
DESCRIPTION

Aspenleaf is a private oil and gas company. Aspenleaf was founded in 2013 and is based in Calgary, Alberta.

DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2015 M&A 1 of 1
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