M&A Deal Summary

Paramount Resources Acquires Trilogy Energy

On September 12, 2017, Paramount Resources acquired energy services and equipment company Trilogy Energy

Acquisition Highlights
  • This is Paramount Resources’ 1st transaction in the Energy Services and Equipment sector.
  • This is Paramount Resources’ 3rd transaction in Canada.
  • This is Paramount Resources’ 3rd transaction in Alberta.

M&A Deal Summary
Date 2017-09-12
Target Trilogy Energy
Sector Energy Services and Equipment
Buyer(s) Paramount Resources
Deal Type Add-on Acquisition

Target

Trilogy Energy

Calgary, Alberta, Canada
Trilogy Energy Corp. is a petroleum and natural gas-focused Canadian energy corporation that actively develops,produces and sells natural gas, crude oil and natural gas liquids. Trilogy geographically concentrated assets are primarily high working interest properties that provides abundant low risk infill drilling opportunities and good access to infrastructure and processing facilities, many of which are operated and controlled by Trilogy.

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Buyer(S) 1

Buyer

Paramount Resources

Calgary, Alberta, Canada
Category Company
Founded 1976
Sector Oil/Gas Exploration
Employees579
Revenue 2.1B CAD (2023)
DESCRIPTION

Paramount Resources is a oil and natural gas exploration, development and production company with operations focused in Western Canada. Paramount's common shares are listed on the Toronto Stock Exchange under the symbol "POU". Paramount Resources was incorporated in 1976 and is headquartered in Calgary, Alberta.

DEAL STATS #
Overall 3 of 3
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Alberta) 3 of 3
Country (Canada) 3 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-17 Paramount Resources - Natural Gas Processing Assets

Paramount Resources - Natural Gas Processing Assets includes gathering pipelines, sales gas pipeline and future disposal wells.

Sell $556M
Mergr

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