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  5. New Standard Energy Invests In PEL 570 Mudlalee Project

Investment Summary

New Standard Energy Invests In PEL 570 Mudlalee Project

On October 23, 2014, New Standard Energy invested in oil/gas exploration company PEL 570 Mudlalee Project

Investment Highlights
  • This is New Standard Energy’s 1st transaction in the Oil/Gas Exploration sector.
  • This is New Standard Energy’s 1st transaction in Australia.

Investment Summary
Date 2014-10-23
Target PEL 570 Mudlalee Project
Sector Oil/Gas Exploration
Investor(s) New Standard Energy
Deal Type Stake Purchase

Target

PEL 570 Mudlalee Project

Australia
PEL 570 is as an oil and gas project covers approximately 2400 square kilometers located in Cooper basin in the South Australia.

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Investor(S) 1

Investor

New Standard Energy

Perth, Australia
Category Company
Founded 1995
Sector Oil/Gas Exploration
Employees1
DESCRIPTION

New Standard Energy is an onshore hydrocarbon producer, developer and explorer with a commitment to develop and realise the oil and gas potential of the most prospective shale and tight gas basins across the US and Australia. New Standard Energy was founded in 1995 and is based in Perth, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2014 M&A 1 of 1
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