M&A Deal Summary

Korea National Oil Corp Acquires Dana Petroleum

On September 24, 2010, Korea National Oil Corp acquired oil/gas exploration company Dana Petroleum for 1.9B GBP

Acquisition Highlights
  • This is Korea National Oil Corp’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Korea National Oil Corp’s largest (disclosed) transaction.
  • This is Korea National Oil Corp’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2010-09-24
Target Dana Petroleum
Sector Oil/Gas Exploration
Buyer(s) Korea National Oil Corp
Deal Type Add-on Acquisition
Deal Value 1.9B GBP

Target

Dana Petroleum

Aberdeen, United Kingdom
Dana Petroleum Plc is a UK-based oil/gas exploration and development company.

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Buyer(S) 1

Buyer

Korea National Oil Corp

Gyeonggi, South Korea

Category Company
Founded 1979
Sector Oil/Gas Exploration
DESCRIPTION

Korea National Oil Corp was is a Korean oil/gas supplier. The Company serves South Korea and was formed in 1979.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1