M&A Deal Summary

Global Natural Resource Investments Acquires Tellus Petroleum

On May 1, 2012, private equity firm Global Natural Resource Investments acquired oil/gas exploration company Tellus Petroleum

Acquisition Highlights
  • This is Global Natural Resource Investments’ 10th transaction in the Oil/Gas Exploration sector.
  • This is Global Natural Resource Investments’ 6th transaction in the United States.
  • This is Global Natural Resource Investments’ 1st transaction in Mississippi.
Investment Fate
  • Tellus Petroleum was sold to a publicly-traded strategic buyer in 2015 for 10M NOK.

M&A Deal Summary

Date 2012-05-01
Target Tellus Petroleum
Sector Oil/Gas Exploration
Buyer(s) Global Natural Resource Investments
Deal Type Buyout (LBO, MBO, MBI)

Target

Tellus Petroleum

Ridgeland, Mississippi, United States
Tellus Petroleum is an independent oil & gas company established by experienced and reputable upstream professionals. The aim is to acquire a portfolio of interests in small and medium sized producing fields and discoveries on the Norwegian Continental Shelf. Tellus Petroleum was founded in 2012 and is based in Ridgeland, Mississippi.

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Buyer(S) 1

Buyer

Global Natural Resource Investments

London, United Kingdom

Investor Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 3.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Global Natural Resource Investments was formed by a management buyout of the former Barclays Natural Resource Investments private equity business from Barclays Bank PLC in October 2015. GNRI is focussed on the global natural resources sector, specifically on upstream oil and gas (excluding the US), mining, associated services and power. The Group has additional offices in Dubai, and Doha.


DEAL STATS #
Overall 22 of 22
Sector: Oil/Gas Exploration M&A 10 of 10
Type: Buyout (LBO, MBO, MBI) M&A Deals 20 of 20
State: Mississippi M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2012 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-27 Caiman Energy

Dallas, Texas, United States

Caiman Energy is an independent midstream energy company that provides the infrastructure and services necessary to move natural gas products from the wellhead to market.

Sell $2.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-09 Nio Petroleum

London, United Kingdom

Nio Petroleum focuses on marginal oil & gas fields and late life developments in South East Asia. Nio Petroleum was founded in 2009 and is based in London, United Kingdom.

Sell -