M&A Deal Summary

Gulfstream Petroleum Acquires Chevron - Fuels Marketing & Aviation Businesses

On November 1, 2012, Gulfstream Petroleum acquired oil/gas exploration company Chevron - Fuels Marketing & Aviation Businesses from Chevron

Acquisition Highlights
  • This is Gulfstream Petroleum’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Gulfstream Petroleum’s 1st transaction in Dominican Republic.

M&A Deal Summary

Date 2012-11-01
Target Chevron - Fuels Marketing & Aviation Businesses
Sector Oil/Gas Exploration
Buyer(s) Gulfstream Petroleum
Sellers(s) Chevron
Deal Type Divestiture

Target

Chevron - Fuels Marketing & Aviation Businesses

Dominican Republic
Chevron Fuels Marketing & Aviation Businesses, which include 174 service stations, refinery fuel terminal and aviation facility and a commercial and industrial fuels business. The assets are located in Jamaica, Dominica Republic, and St. Maarten.

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Buyer(S) 1

Buyer

Gulfstream Petroleum

Haiti

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Gulfstream Petroleum engages in the commercial and industrial fuels business.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Dominican Republic M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

Chevron

San Ramon, California, United States

Category Company
Founded 1879
Sector Oil/Gas Exploration
Employees45,298
Revenue 193.4B USD (2024)
DESCRIPTION
Chevron office in downtown Houston, Texas.
Chevron office in downtown Houston, Texas.

Chevron is a fully integrated energy company. Its business includes petroleum operations, chemicals, mining operations, power generation and energy services. Chevron's exploration and production operations consists of exploration, development and production of crude oil and natural gas. Chevron was incorporated in 1879 and is based in San Ramon, California.


DEAL STATS #
Overall 6 of 14
Sector: Oil/Gas Exploration M&A 5 of 10
Type: Divestiture M&A Deals 6 of 13
Country: Dominican Republic M&A 1 of 1
Year: 2012 M&A 1 of 1
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DATE TARGET DEAL TYPE VALUE
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DATE TARGET DEAL TYPE VALUE
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