M&A Deal Summary

Burlington Resources Acquires Canadian Hunter Explorations

On October 9, 2001, Burlington Resources acquired oil/gas exploration company Canadian Hunter Explorations for 2.1B USD

Acquisition Highlights
  • This is Burlington Resources’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Burlington Resources’ largest (disclosed) transaction.
  • This is Burlington Resources’ 1st transaction in Canada.
  • This is Burlington Resources’ 1st transaction in Alberta.

M&A Deal Summary
Date 2001-10-09
Target Canadian Hunter Explorations
Sector Oil/Gas Exploration
Buyer(s) Burlington Resources
Deal Type Add-on Acquisition
Deal Value 2.1B USD

Target

Canadian Hunter Explorations

Calgary, Alberta, Canada
Canadian Hunter Explorations is an Alberta-Canada based natural gas company.

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Buyer(S) 1

Buyer

Burlington Resources

Houston, Texas, United States
Category Company
Founded 1988
Sector Oil/Gas Exploration
DESCRIPTION

Burlington Resources was an oil/gas exploration company spun off of Burlington Northern Railroad in 1988.

DEAL STATS #
Overall 1 of 2
Sector (Oil/Gas Exploration) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1991-12-05 El Paso

Houston, Texas, United States

El Paso Corporation is a processes, stores, and transmits natural gas and natural gas liquids. The Company was formed in 1928.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-01 Forge Energy

San Antonio, Texas, United States

Forge Energy is an oil and gas exploration and production company. Forge focuses on developing domestic onshore oil and gas resources, both conventional and unconventional.

Buy -
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