M&A Deal Summary

Forest Oil Acquires Cordillera Energy Partners II

On September 1, 2008, Forest Oil acquired oil/gas exploration company Cordillera Energy Partners II from EnCap Investments for 1.0B USD

Acquisition Highlights
  • This is Forest Oil’s 3rd transaction in the Oil/Gas Exploration sector.
  • This is Forest Oil’s largest (disclosed) transaction.
  • This is Forest Oil’s 3rd transaction in the United States.
  • This is Forest Oil’s 1st transaction in Colorado.

M&A Deal Summary
Date 2008-09-01
Target Cordillera Energy Partners II
Sector Oil/Gas Exploration
Buyer(s) Forest Oil
Sellers(s) EnCap Investments
Deal Type Add-on Acquisition
Deal Value 1.0B USD

Target

Cordillera Energy Partners II

Greenwood Village, Colorado, United States
Cordillera Energy Partners II, LLC is a privately-held, independent oil and gas company engaged in the acquisition and development of oil and gas properties. The company and its subsidiaries own interests in properties in the San Juan Basin, the Anadarko Basin, and the Permian Basin. The company is headquartered in Denver, Colorado.

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Buyer(S) 1

Buyer

Forest Oil

Denver, Colorado, United States
Category Company
Founded 1916
Sector Oil/Gas Exploration
Employees363
Revenue 441M USD (2013)
DESCRIPTION

Forest Oil is a Denver-based independent oil and natural gas company focused on the acquisition, exploration, development, and production of oil, natural gas liquids, and natural gas.

DEAL STATS #
Overall 3 of 3
Sector (Oil/Gas Exploration) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Colorado) 1 of 1
Country (United States) 3 of 3
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-28 Wiser Oil Company

Dallas, Texas, United States

Wiser Oil Company independent energy company engaged in exploration, production and acquisition of crude oil and natural gas reserves, primarily in the United States and Canada located in Dallas, Texas.

Buy -

Seller(S) 1

SELLER

EnCap Investments

Houston, Texas, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 1988
PE ASSETS 38.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

EnCap Investments is a private equity firm focused on the US energy sector. EnCap specifically looks for upstream and midstream opportunities within the oil and gas industry. EnCap generally partners with seasoned management when pursuing investments. EnCap Investments has offices in Dallas and Houston.

DEAL STATS #
Overall 17 of 51
Sector (Oil/Gas Exploration) 17 of 48
Type (Add-on Acquisition) 10 of 30
State (Colorado) 3 of 7
Country (United States) 17 of 50
Year (2008) 6 of 6
Size (of disclosed) 7 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-29 Royal Offshore

Corpus Christi, Texas, United States

Royal Offshore is a Corpus Christi-based company focused on the exploitation and development of oil and natural gas assets in the Gulf of Mexico. Royal Offshore’s properties currently consist of over 55 leases in the Gulf of Mexico. Royal Offshore is managed by various Royal entities which are a part of Royal Holding Company, Inc.

Buy $350M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-01 Empresa Energy I

Houston, Texas, United States

Empresa Energy I is a independent oil and gas acquisition and development company focused on acquiring and exploiting properties in various unconventional resource plays.

Sell -
Mergr

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