M&A Deal Summary

Empresa Nacional del Petróleo and Antofagasta Minerals S.A. Acquire Energia Andina S.A.

On January 1, 2008, Empresa Nacional del Petróleo and Antofagasta Minerals S.A. acquired oil/gas exploration company Energia Andina S.A.

Acquisition Highlights
  • This is Empresa Nacional del Petróleo’s 1st and Antofagasta Minerals S.A.’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Empresa Nacional del Petróleo’s 1st and Antofagasta Minerals S.A.’s 1st transaction in Chile.

M&A Deal Summary

Date 2008-01-01
Target Energia Andina S.A.
Sector Oil/Gas Exploration
Buyer(s) Empresa Nacional del Petróleo
Antofagasta Minerals S.A.
Deal Type Joint Venture

Target

Energia Andina S.A.

Providencia, Chile
Energia Andina S.A.(EASA) is a provider of geothermal exploration projects in the Northern and Central regions of Chile, covering a total of 553,400 ha.

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Buyer(S) 2

Buyer

Empresa Nacional del Petróleo

Santiago, Chile

Category Company
Founded 1950
Sector Oil/Gas Exploration
DESCRIPTION

Empresa Nacional del Petróleo (ENAP) is a provider in hydrocarbons, which provides products and services that meet the needs of customers and contribute to the sustainable development of countries and communities in which it is inserted, operating in a competitive and profitable way.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Joint Venture) 1 of 1
Country (Chile) 1 of 1
Year (2008) 1 of 1
Buyer

Antofagasta Minerals S.A.

Las Condes, Chile

Category Company
Founded 1980
Sector Metals/Mining
DESCRIPTION

Antofagasta Minerals S.A.(AMSA) is a mining group. Its operations produced 709,600 tons of copper concentrate and cathodes, in addition to 12,200 tons of molybdenum concentrate and 299,900 ounces of gold.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Joint Venture) 1 of 1
Country (Chile) 1 of 1
Year (2008) 1 of 1