M&A Deal Summary

Caltex Resources Acquires TriWestern Energy

On May 8, 2012, Caltex Resources acquired oil/gas exploration company TriWestern Energy

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

M&A Deal Summary

Date 2012-05-08
Target TriWestern Energy
Sector Oil/Gas Exploration
Buyer(s) Caltex Resources
Deal Type Add-on Acquisition
Advisor(s) Peters & Co. (Financial)

Target

TriWestern Energy

Calgary, Alberta, Canada
TriWestern Energy Corp. is a private exploration and production company focusing on conventional heavy oil in western Canada.

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Buyer(S) 1

Buyer

Caltex Resources

Calgary, Alberta, Canada

Category Company
Founded 2011
Sector Oil/Gas Exploration
DESCRIPTION

Caltex Resources is a private oil & gas company focused on the exploration, development, and acquisition of heavy oil properties in western Saskatchewan and eastern Alberta. Caltex Resources was formed in 2011 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: 2012 M&A 1 of 1