1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Canada >
  5. Alberta >
  6. Conserve Oil Group Acquires Storm Resources

M&A Deal Summary

Conserve Oil Group Acquires Storm Resources

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2013-01-01
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

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.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 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 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: 2013 M&A 1 of 1
Size (of disclosed) 1 of 1
Mergr

Solution for

Product

Company

Legal