M&A Deal Summary

Murphy Oil Acquires Ethanol Plant - Hankinson

On October 1, 2009, Murphy Oil acquired oil/gas exploration company Ethanol Plant - Hankinson for 92M USD

Acquisition Highlights
  • This is Murphy Oil’s 3rd transaction in the Oil/Gas Exploration sector.
  • This is Murphy Oil’s 3rd largest (disclosed) transaction.
  • This is Murphy Oil’s 2nd transaction in the United States.
  • This is Murphy Oil’s 1st transaction in North Dakota.

M&A Deal Summary

Date 2009-10-01
Target Ethanol Plant - Hankinson
Sector Oil/Gas Exploration
Buyer(s) Murphy Oil
Deal Type Add-on Acquisition
Deal Value 92M USD

Target

Ethanol Plant - Hankinson

Hankinson, North Dakota, United States
Ethanol Plant - Hankinson is a provider of oil and gas exploration services.

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Buyer(S) 1

Buyer

Murphy Oil

Houston, Texas, United States

Category Company
Founded 1950
Sector Oil/Gas Exploration
Employees725
Revenue 3.4B USD (2023)
DESCRIPTION

Murphy Oil is an international oil and gas provider committed to exploration, devoted to an innovative Global Offshore strategy, and steadfast in the efficient growth of our North American Onshore interests. Murphy Oil was founded in 1950 and is based in Houston, Texas.


DEAL STATS #
Overall 3 of 4
Sector (Oil/Gas Exploration) 3 of 4
Type (Add-on Acquisition) 2 of 2
State (North Dakota) 1 of 1
Country (United States) 2 of 3
Year (2009) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-04-16 Medusa Spar

Canyon,, Mississippi, United States

Medusa Spar LLC is a limited liability company .The Company owns a 75% undivided ownership position in the spar production platform moored in over 2,200 feet of water on the Medusa field in the Gulf of Mexico, Mississippi Canyon Block 582.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-27 Murphy Oil - Montney Natural Gas Assets

Dawson Creek, British Columbia, Canada

Murphy Oil - Montney Natural Gas Assets are Tupper Main and Tupper West gas plants and associated pipelines in northeastern B.C comprises natural gas fields.

Sell $538M