1. Home >
  2. M&A >
  3. Stake Purchase >
  4. Argentina >
  5. New Times Invests In Morillo Concession

Investment Summary

New Times Invests In Morillo Concession

On May 4, 2009, New Times invested in oil/gas exploration company Morillo Concession

Investment Highlights
  • This is New Times’ 2nd transaction in the Oil/Gas Exploration sector.
  • This is New Times’ 2nd transaction in Argentina.

Investment Summary
Date 2009-05-04
Target Morillo Concession
Sector Oil/Gas Exploration
Investor(s) New Times
Deal Type Stake Purchase

Target

Morillo Concession

Argentina
Morillo Concession comprises oil and gas exploration properties,Morillo Concession covers a surface area of 3,518 square kilometers in the Salta province.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

New Times

Hong Kong, China
Category Company
Founded 1998
Sector Oil/Gas Exploration
Employees122
Revenue 10.9B HKD (2024)
DESCRIPTION

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 2 of 11
Sector: Oil/Gas Exploration M&A 2 of 11
Type: Stake Purchase M&A Deals 2 of 7
Country: Argentina M&A 2 of 7
Year: 2009 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-04 Tartagal Concession

Argentina

Tartagal Concession comprises oil and gas exploration properties.Tartagal Concession covering a surface area of approximately 7,065 square kilometers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-07 Novastar

Virgin Islands (British)

Novastar Ltd.is a joint venture company,engages into oil and gas exploration and production.

Buy -
Mergr

Solution for

Product

Company

Legal