M&A Deal Summary |
|
|---|---|
| Date | 2016-06-20 |
| Target | PayRock Energy |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Marathon Oil |
| Sellers(s) | EnCap Investments |
| Deal Type | Add-on Acquisition |
| Deal Value | 888M USD |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1886 |
| Sector | Oil/Gas Exploration |
| Employees | 1,700 |
| Revenue | 6.4B USD (2023) |
Marathon Oil is an international oil exploration and production company. Marathon has net proved reserves of more then 2 billion barrels of oil equivalent across North America, Europe and Africa. Marathon Oil was formed in 1887 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 11 |
| Sector (Oil/Gas Exploration) | 10 of 11 |
| Type (Add-on Acquisition) | 5 of 6 |
| State (Oklahoma) | 1 of 1 |
| Country (United States) | 7 of 8 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 5 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-01 |
Marathon Oil - Williston Basin Properties
United States Marathon Oil - Williston Basin Properties consisted of approximately 41,500 net acres in Williams County, ND, Sheridan County, MT and Roosevelt County, MT with an average production rate of 1,049 Boepd for the three months ended March 31, 2014 |
Sell | $100M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-25 |
Marathon Oil - U.K. Business
Aberdeen, United Kingdom Marathon Oil Corp. - U.K. Business includes Marathon Oil U.K. LLC and Marathon Oil West of Shetland Limited. MOUK holds 37%-40% operated interests in fields in the Greater Brae Area and MOWOS holds a 28% interest in the BP plc operated Foinaven Field unit and a 47% interest in Foinaven East, respectively. |
Sell | $140M |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 38.0B USD |
| Size | Mega |
| Type | Sector Focused |
EnCap Investments is a private equity firm focused on the US energy sector. EnCap specifically looks for upstream and midstream opportunities within the oil and gas industry. EnCap generally partners with seasoned management when pursuing investments. EnCap Investments has offices in Dallas and Houston.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 51 |
| Sector (Oil/Gas Exploration) | 38 of 48 |
| Type (Add-on Acquisition) | 21 of 30 |
| State (Oklahoma) | 2 of 2 |
| Country (United States) | 39 of 50 |
| Year (2016) | 1 of 3 |
| Size (of disclosed) | 10 of 29 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-12 |
Plains All American
Houston, Texas, United States Plains All American is a provider of oil pipeline transportation, marketing, and storage business. The company engages in the transportation, storage, terminalling and marketing of crude oil, refined products, and liquefied petroleum gas and other natural gas-related petroleum products. Plains All American was founded in 1998 and is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-01 |
PetroLegacy Energy II
Austin, Texas, United States PetroLegacy Energy II is an independent oil and gas company pursuing acquisition opportunities with an initial focus on the Permian Basin. PetroLegacy Energy II is based in Austin, Texas. |
Buy | - |
