Investment Summary |
|
|---|---|
| Date | 2012-08-01 |
| Target | Valle de Lerma Concession |
| Sector | Oil/Gas Exploration |
| Investor(s) | New Times |
| Sellers(s) | Principle Petroleum |
| Deal Type | Stake Purchase |
| Deal Value | 58M 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 | 7 of 11 |
| Sector: Oil/Gas Exploration M&A | 7 of 11 |
| Type: Stake Purchase M&A Deals | 6 of 7 |
| Country: Argentina M&A | 6 of 7 |
| Year: 2012 M&A | 4 of 7 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-16 |
Selva Maria Concession
Argentina Selva Maria Concession comprises crude oil and natural gas reserves.The Valle de Lerma concession covers an area of 3,500 km. |
Buy | - |
| 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 | - |
| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Oil/Gas Exploration |
Principle Petroleum is an operator of oil and gas exploitation and production company. Principle Petroleum was founded in 2013 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Oil/Gas Exploration M&A | 4 of 4 |
| Type: Stake Purchase M&A Deals | 4 of 4 |
| Country: Argentina M&A | 4 of 4 |
| Year: 2012 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-16 |
Selva Maria Concession
Argentina Selva Maria Concession comprises crude oil and natural gas reserves.The Valle de Lerma concession covers an area of 3,500 km. |
Sell | - |
