Investment Summary

Lime Rock Partners Invests In Expert Petroleum

On November 9, 2009, private equity firm Lime Rock Partners invested in oil/gas exploration company Expert Petroleum

Investment Highlights
  • This is Lime Rock Partners’ 19th transaction in the Oil/Gas Exploration sector.
  • This is Lime Rock Partners’ 1st transaction in Romania.
Investment Fate
  • Expert Petroleum was sold to a consortium of financial buyers in 2014.

Investment Summary

Date 2009-11-09
Target Expert Petroleum
Sector Oil/Gas Exploration
Investor(s) Lime Rock Partners
Deal Type Growth Capital

Target

Expert Petroleum

Bucharest, Romania
Expert Petroleum is an upstream oil and gas company that redevelops and rehabilitates mature oil and gas fields through direct license ownership or in partnership with companies in need of personnel, expertise, or capital. Expert Petroleum is based in Bucharest, Romania.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Lime Rock Partners

Westport, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 10.4B USD
Size Mega
Type Sector Focused
DESCRIPTION

Lime Rock Partners is a private investment firm focused on growth capital investments in the energy industry. Specifically, Lime Rock looks for companies engaged in exploration & production, energy service, and oil service technology in North America and Europe. Lime Rock's target investment size is $50 to $150 million in businesses valued up to $500 million. Lime Rock Partners was formed in 1998 and is affiliated with Lime Rock Resources. Lime Rock Partners has offices in Westport, Connecticut; Aberdeen, Scotland; and Houston, Texas.


DEAL STATS #
Overall 52 of 92
Sector: Oil/Gas Exploration M&A 19 of 40
Type: Growth Capital M&A Deals 6 of 16
Country: Romania M&A 1 of 1
Year: 2009 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-12 PDC Mountaineer

Bridgeport, West Virginia, United States

PDC Mountaineer is a natural gas exploration and production company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Tercel Oilfield Products

Dubai, United Arab Emirates

Tercel Oilfield Products Ltd. is a globally diversified oilfield products company.

Buy -