M&A Deal Summary

COPL Acquires Peppercoast - Liberia oil and gas Block LB-13

On April 5, 2013, COPL acquired oil/gas exploration company Peppercoast - Liberia oil and gas Block LB-13 from Peppercoast Petroleum for 135M USD

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

M&A Deal Summary
Date 2013-04-05
Target Peppercoast - Liberia oil and gas Block LB-13
Sector Oil/Gas Exploration
Buyer(s) COPL
Sellers(s) Peppercoast Petroleum
Deal Type Divestiture
Deal Value 135M USD

Target

Peppercoast - Liberia oil and gas Block LB-13

United Kingdom
Block LB-13 covers an area of approximately 2,400 square kilometres and is adjacent to blocks LB-14 and LB-12 held by a supermajor oil company.

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Buyer(S) 1

Buyer

COPL

Calgary, Alberta, Canada
Category Company
Sector Oil/Gas Exploration
Employees11
DESCRIPTION

COPL is an oil and gas exploration company focused on oil prospects in the offshore West African continental margin and shale oil prospects onshore New Zealand.

DEAL STATS #
Overall 1 of 3
Sector (Oil/Gas Exploration) 1 of 3
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-16 Atomic Oil & Gas

Lakewood, Colorado, United States

Atomic Oil & Gas LLC is an oil and gas company it holds operated interests in 52,258 acres (gross) of contiguous leasehold. Atomic Oil & Gas is based in Lakewood, Colorado.

Buy $54M

Seller(S) 1

SELLER

Peppercoast Petroleum

Douglas, United Kingdom
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Peppercoast Petroleum PLC is a new generation oil and gas exploration company.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
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