M&A Deal Summary |
|
|---|---|
| Date | 2014-06-25 |
| Target | Verano Energy |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Parex Resources |
| Deal Type | Add-on Acquisition |
| Deal Value | 198M USD |
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| Category | Company |
|---|---|
| Founded | 2009 |
| Sector | Oil/Gas Exploration |
| Employees | 448 |
| Revenue | 1.3B USD (2024) |
Parex Resources is an oil and gas exploration and production company. Parex Resources was founded in 2009 and is based in Calgary, Alberta.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: Alberta M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2014 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-04-21 |
Remora Energy International
Hamilton, Bermuda Remora Energy International, L.P. (?Remora?) is a joint venture with Nabors Industries focusing on oil exploitation opportunities in Colombia. The company has assembled a large license position mainly in the Llanos basin and has already made a number of oil discoveries. Production from some of these discoveries has begun and the company is employing modern exploration methods to maximise the potential of its land position. |
Buy | $255M |
