M&A Deal Summary |
|
|---|---|
| Date | 2020-06-09 |
| Target | Steelhead Petroleum |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Longshore Resources |
| Deal Type | Add-on Acquisition |
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Longshore Resources is a privately held exploration and production company and focused on capturing high quality, oil-weighted resource opportunities in the Peace River Arch and South Central areas of Alberta. The company’s business plan is to acquire underexploited assets in the target areas that can be developed using horizontal drilling and multi-stage fracturing techniques. In addition, Longshore plans to leverage its growth through the development of high impact, internally generated, drilling prospects. Longshore Resources is based in Calgary, Alberta.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Oil/Gas Exploration) | 3 of 3 |
| Type (Add-on Acquisition) | 3 of 3 |
| State (Alberta) | 3 of 3 |
| Country (Canada) | 3 of 3 |
| Year (2020) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-09 |
Rifle Shot Oil
Calgary, Alberta, Canada Rifle Shot Oil Corp. is a Calgary based private company focused on acquiring conventional oil reserves and applying the latest development technologies to increase production and oil recovery. The Rifle Shot team is a highly technical group of professionals with proven track records of sound business management and innovation in the development of oil reservoirs. |
Buy | - |
