M&A Deal Summary

Frontera Energy Acquires Petrominerales

On November 28, 2013, Frontera Energy acquired oil/gas exploration company Petrominerales

Acquisition Highlights
  • This is Frontera Energy’s 4th transaction in the Oil/Gas Exploration sector.
  • This is Frontera Energy’s 2nd transaction in Canada.
  • This is Frontera Energy’s 1st transaction in Alberta.

M&A Deal Summary

Date 2013-11-28
Target Petrominerales
Sector Oil/Gas Exploration
Buyer(s) Frontera Energy
Deal Type Add-on Acquisition

Target

Petrominerales

Calgary, Alberta, Canada
Petrominerales Ltd. is a provider of oil/gas exploration services in Canada.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Frontera Energy

Calgary, Alberta, Canada

Category Company
Founded 1985
Sector Oil/Gas Exploration
Employees1,107
Revenue 1.2B USD (2023)
DESCRIPTION

Frontera Energy is a explorer and producer of crude oil and natural gas, with operations focused in Latin America. The Company has a diversified portfolio of assets with interests in more than 25 exploration and production blocks in Colombia and Peru. Frontera Energy was founded in 1985 and is based in Calgary, Alberta.


DEAL STATS #
Overall 4 of 5
Sector (Oil/Gas Exploration) 4 of 5
Type (Add-on Acquisition) 3 of 4
State (Alberta) 1 of 1
Country (Canada) 2 of 2
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-20 C&C Energia

Bogotá, Colombia

C&C Energia is an oil and gas exploration and production company focused on Colombia. The company’s strategy is to develop producing oil and gas assets by exploring low to moderate risk areas.

Buy $500M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 Petroleos

Bogotá, Colombia

Petroleos is an energy company developing oil and gas exploration and production activities, with operations in Colombia. Petroleos focuses its activities on the exploitation of conventional deposits in mature and/or marginal fields through the application of the best primary and secondary recovery technologies, based on high operating standards. Petroleos is based in Bogotá, Colombia.

Buy $27M