M&A Deal Summary

BG Group Acquires Pure Energy Resources

On April 6, 2009, BG Group acquired energy services and equipment company Pure Energy Resources

Acquisition Highlights
  • This is BG Group’s 1st transaction in the Energy Services and Equipment sector.
  • This is BG Group’s 1st transaction in the United States.
  • This is BG Group’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2009-04-06
Target Pure Energy Resources
Sector Energy Services and Equipment
Buyer(s) BG Group
Deal Type Add-on Acquisition

Target

Pure Energy Resources

Burlington, Massachusetts, United States
Pure Energy Resources Limited is a provider of energy services tocoal seam gas industry to identify CSG exploration, development and production opportunities.

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Buyer(S) 1

Buyer

BG Group

Reading, United Kingdom

Category Company
Founded 1997
Sector Oil/Gas Exploration
Employees5,422
Revenue 19.3B GBP (2014)
DESCRIPTION

BG Group plc is an oil and gas company.


DEAL STATS #
Overall 1 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 2
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-19 Common Resources - Haynesville Assets

Haynesville, Louisiana, United States

Common Resources - Haynesville Assets is an oil and gas exploration and production company.

Buy $446M