M&A Deal Summary |
|
|---|---|
| Date | 2022-12-19 |
| Target | Aurora Production |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Egdon Resources |
| Sellers(s) | Aurora Energy Resources |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Oil/Gas Exploration |
| Employees | 11 |
| Revenue | 1M GBP (2021) |
Egdon Resources is an oil and gas exploration and production company. Egdon Resources was founded in 1997 and is based in Odiham, the United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Oil/Gas Exploration M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: United Kingdom M&A | 3 of 3 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-10 |
Cirque Energy - Fiskerton Airfield
United Kingdom Cirque Energy, Inc. - Fiskerton Airfield oil field is located approximately 7 kilometres to the East of the City of Lincoln. The field was discovered in 1997 and cumulative production has totalled around 440,000 barrels of oil from the most likely mapped Oil in Place estimated at 2.2 million barrels. The oil is of good quality (35.2°API) and is exported by road tanker to Immingham, North East Lincolnshire. Egdon estimate that in excess of 100,000 barrels of oil remain recoverable from the existing wells. |
Buy | - |
Aurora Energy Resources is a UK petroleum exploration and development company based in ?Europe's energy capital Aberdeen. The company holds four Petroleum Exploration and Development Licences (PEDLs) covering ~445 km2 (110,000 acres) in the heart of the Bowland Shale exploration area. Aurora Energy Resources is based in Aberdeen, Scotland.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
