M&A Deal Summary

Endurance Energy Acquires StonePoint Energy

On July 6, 2015, Endurance Energy acquired oil/gas exploration company StonePoint Energy

Acquisition Highlights
  • This is Endurance Energy’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Endurance Energy’s 1st transaction in Canada.
  • This is Endurance Energy’s 1st transaction in Alberta.

M&A Deal Summary

Date 2015-07-06
Target StonePoint Energy
Sector Oil/Gas Exploration
Buyer(s) Endurance Energy
Deal Type Add-on Acquisition
Advisor(s) Haywood (Financial)

Target

StonePoint Energy

Calgary, Alberta, Canada
StonePoint Energy, Inc. is a Canada-based junior oil and gas company. The Company is engaged in petroleum and natural gas exploration and development. The Company is focusing on assets situated in the Deep Basin and Peace River Arch (PRA) areas of Western Canada.

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Buyer(S) 1

Buyer

Endurance Energy

Calgary, Alberta, Canada

Category Company
Founded 2008
Sector Oil/Gas Exploration
DESCRIPTION

Endurance Energy is an early-stage exploration and production company formed in 2008 focused on the acquisition and development of natural gas assets in Canada. The company’s strategy is to utilize advanced drilling and completion technologies in previously under-exploited “shallow” natural gas plays in Alberta, Saskatchewan and British Columbia.


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: 2015 M&A 1 of 1