M&A Deal Summary

Canacol Acquires Shona Energy

On December 12, 2012, Canacol acquired oil/gas exploration company Shona Energy for 140M USD

Acquisition Highlights
  • This is Canacol’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Canacol’s largest (disclosed) transaction.
  • This is Canacol’s 1st transaction in the United States.
  • This is Canacol’s 1st transaction in Texas.

M&A Deal Summary
Date 2012-12-12
Target Shona Energy
Sector Oil/Gas Exploration
Buyer(s) Canacol
Deal Type Add-on Acquisition
Deal Value 140M USD

Target

Shona Energy

Houston, Texas, United States
Shona Energy Co. LLC is a US oil and natural gas exploration, development and production company focusing on South America, specifically Colombia and Peru.

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Buyer(S) 1

Buyer

Canacol

Calgary, Alberta, Canada
Category Company
Sector Oil/Gas Exploration
Employees396
Revenue 316M USD (2023)
DESCRIPTION

Canacol is a production and exploration company focused in Colombia. Canacol was founded in 1970 and is based in Calgary, Canada.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

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