M&A Deal Summary

Kulczyk Oil Ventures Acquires Winstar Resources

On April 25, 2013, Kulczyk Oil Ventures acquired oil/gas exploration company Winstar Resources for 112M USD

Acquisition Highlights
  • This is Kulczyk Oil Ventures’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Kulczyk Oil Ventures’ largest (disclosed) transaction.
  • This is Kulczyk Oil Ventures’ 1st transaction in Canada.
  • This is Kulczyk Oil Ventures’ 1st transaction in Alberta.

M&A Deal Summary

Date 2013-04-25
Target Winstar Resources
Sector Oil/Gas Exploration
Buyer(s) Kulczyk Oil Ventures
Deal Type Add-on Acquisition
Deal Value 112M USD
Advisor(s) FirstEnergy Capital Corp. (Financial)

Target

Winstar Resources

Calgary, Alberta, Canada
Winstar is an oil and gas exploration, development and production company. Winstar’s principal areas of operations are in Tunisia where it holds operated working interests in four onshore producing oil and gas fields and one currently suspended oil and gas concession.

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Buyer(S) 1

Buyer

Kulczyk Oil Ventures

Cyprus

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Kulczyk Oil Ventures Ltd. is an international upstream oil and gas exploration and production company with a diversified portfolio of projects in Ukraine, Brunei, Syria and with a risk profile ranging from exploration in Brunei and Syria to production and development in Ukraine.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1