M&A Deal Summary |
|
|---|---|
| Date | 2012-10-08 |
| Target | Tiger Energy Partners Utah Acq. |
| Sector | Oil/Gas Exploration |
| Buyer(s) | New Times |
| Deal Type | Add-on Acquisition |
| Deal Value | 54M HKD |
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| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Oil/Gas Exploration |
| Employees | 122 |
| Revenue | 10.9B HKD (2024) |
New Times is an integrated natural resources company engaged in the acquisition, development and operation of oil & gas projects in Argentina, the U.S and China. New Times was founded in 1998 and is based in Hong Kong, China.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 11 |
| Sector: Oil/Gas Exploration M&A | 9 of 11 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| State: Utah M&A | 2 of 2 |
| Country: United States M&A | 2 of 2 |
| Year: 2012 M&A | 6 of 7 |
| Size (of disclosed) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-10-08 |
Tiger Energy Operating
Utah, United States Tiger Energy Operating LLC owns and operates oil and gas leases.Tiger Energy Operating LLC operates as a subsidiary of New Times Energy Corporation Limited. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-11-13 |
LNG Project
Liupanshui City, China LNG Project includes 15 LNG/CNG stations and gas supply to 5 industrial parks and 73,500 households. The construction of 2 out of 15 LNG/CNG stations has been completed. |
Buy | CN¥80M |
