M&A Deal Summary |
|
|---|---|
| Date | 2016-12-14 |
| Target | Vitruvian Exploration II |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Gulfport Energy |
| Sellers(s) | Quantum Energy Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.9B USD |
| Advisor(s) | Jefferies (Financial) Vinson & Elkins (Legal) |
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| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Oil/Gas Exploration |
| Employees | 226 |
| Revenue | 1.1B USD (2023) |
Gulfport Energy Corporation is an Oklahoma City-based independent oil and natural gas exploration and production company with its principal producing properties located in the Utica Shale of Eastern Ohio and along the Louisiana Gulf Coast. In addition, Gulfport holds a sizeable acreage position in the Alberta Oil Sands in Canada through its 24.9% interest in Grizzly Oil Sands ULC. Gulfport Energy was founded in 1997 and is based in Oklahoma City, Oklahoma.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 17.0B USD |
| Size | Mega |
| Type | Sector Focused |
Quantum Energy Partners is a specialist private equity firm focused on investments within the energy sector. Quantum's primary focus is on opportunities within the oil and gas upstream and midstream sectors, however, the Firm will also consider investments in oil field services and equipment, coal, power generation and transmission, and renewable/alternative energy. Quantum's target investment size is $100 to $400 million. Quantum invests in start-ups as well as established companies needing expansion capital. Quantum Energy Partners was formed in 1998 and is headquartered in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 26 |
| Sector (Oil/Gas Exploration) | 10 of 17 |
| Type (Add-on Acquisition) | 9 of 17 |
| State (Texas) | 6 of 14 |
| Country (United States) | 10 of 23 |
| Year (2016) | 2 of 3 |
| Size (of disclosed) | 5 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-26 |
Vantage Energy
Englewood, Colorado, United States Vantage Energy is a growth-oriented, independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties in the United States, with a focus on the Appalachian basin. |
Sell | $2.7B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-19 |
Jagged Peak Energy
Denver, Colorado, United States Jagged Peak Energy, Inc. is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin, a sub-basin of the Permian Basin of West Texas and one of the most prolific unconventional resource plays in North America. Jagged Peak Energy was founded in 2013 and is based in Denver, Colorado. |
Sell | - |
