M&A Deal Summary

Carbon Energy Acquires Carbon Appalachian

On January 7, 2019, Carbon Energy acquired oil/gas exploration company Carbon Appalachian for 58M USD

Acquisition Highlights
  • This is Carbon Energy’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Carbon Energy’s largest (disclosed) transaction.
  • This is Carbon Energy’s 2nd transaction in the United States.
  • This is Carbon Energy’s 1st transaction in Colorado.

M&A Deal Summary
Date 2019-01-07
Target Carbon Appalachian
Sector Oil/Gas Exploration
Buyer(s) Carbon Energy
Deal Type Add-on Acquisition
Deal Value 58M USD

Target

Carbon Appalachian

Denver, Colorado, United States
Carbon Appalachian Co. LLC is an oil and gas exploration compamy. Carbon Appalachian is based in Denver, Colorado.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Carbon Energy

Denver, Colorado, United States
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Carbon Energy Corp. is an independent oil and gas exploration company which develops and operates oil and gas properties in the Appalachian and Illinois Basin regions of the United States.

DEAL STATS #
Overall 2 of 2
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Colorado) 1 of 1
Country (United States) 2 of 2
Year (2019) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-07 West Virginia Natural Gas Assets

Virginia, United States

West Virginia Natural Gas Assets is comprised of approximately 2,300 natural gas wells which are currently producing approximately 9,300 net mcfe of gas per day (95% natural gas).

Buy $9M
Mergr

Product

Company

Legal