Add-on Acquisition • Oil/Gas Exploration

Conserve Oil Group Acquires Storm Resources

On January 1, 2013, Conserve Oil Group acquired oil/gas exploration company Storm Resources for 20M USD

Acquisition Context

This is Conserve Oil Group’s 1st transaction in the Oil/Gas Exploration sector.
This is Conserve Oil Group’s largest (disclosed) transaction.
This is Conserve Oil Group’s 1st transaction in Canada.
This is Conserve Oil Group’s 1st transaction in Alberta.

Explore All 844 Add-on Acquisition Oil/Gas Exploration Deals - Search the Database Free

M&A Deal Summary
Date	January 1, 2013
Target	Storm Resources
Sector	Oil/Gas Exploration
Buyer(s)	Conserve Oil Group
Deal Type	Add-on Acquisition
Deal Value	20M USD
Advisor(s)	FirstEnergy Capital Corp. (Financial)

Target Company

Storm Resources

Calgary, Alberta, Canada

Storm Resources Ltd. is a acquirer, explorer for, develops, and produces oil, natural gas, and natural gas liquids in the provinces of Alberta and British Columbia, Canada.

Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Conserve Oil Group

Calgary, Alberta, Canada

Category	Company
Sector	Oil/Gas Exploration

DESCRIPTION

Conserve Oil Group, Inc. is an energy company that manages assets and facilitate transactions into the Canadian resource sector.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Oil/Gas Exploration	1 of 1
Type: Add-on Acquisition	1 of 1
State: Alberta	1 of 1
Country: Canada	1 of 1
Year: 2013	1 of 1
Size (of disclosed)	1 of 1

Explore Related M&A Activity

Oil/Gas Exploration M&A - Add-on Acquisition M&A Deals - Alberta M&A - Canada M&A - 2013 M&A