M&A Deal Summary

Aspenleaf Energy Acquires Arcan Resources

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

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

M&A Deal Summary

Date 2015-04-22
Target Arcan Resources
Sector Oil/Gas Exploration
Buyer(s) Aspenleaf Energy
Deal Type Add-on Acquisition
Advisor(s) Scotia Capital, Inc. (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 Energy

Calgary, Alberta, Canada

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Aspenleaf Energy Ltd. is a private oil and gas company.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1