Investment Summary |
|
|---|---|
| Date | 2013-11-19 |
| Target | The Palmar Largo JV |
| Sector | Oil/Gas Exploration |
| Investor(s) | New Times |
| Sellers(s) | Pluspetrol S.A. |
| Deal Type | Stake Purchase |
| Deal Value | 13M USD |
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| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Oil/Gas Exploration |
| Employees | 142 |
| Revenue | 26.2B HKD (2023) |
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 Central, Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 11 |
| Sector (Oil/Gas Exploration) | 11 of 11 |
| Type (Stake Purchase) | 7 of 7 |
| Country (Argentina) | 7 of 7 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| 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 |
PLUSPETROL is one of the private E&P companies in Latin America that has experienced the greatest development in the last decades. With its first operations in Argentina, the Company is, at present, the largest oil and gas producer of Peru and one of the most important gas producers in Argentina.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Stake Purchase) | 1 of 1 |
| Country (Argentina) | 1 of 1 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
