M&A Deal Summary |
|
---|---|
Date | 2019-08-26 |
Target | SRC Energy |
Sector | Oil/Gas Exploration |
Buyer(s) | PDC Energy |
Deal Type | Add-on Acquisition |
Deal Value | 1.7B USD |
Advisor(s) | Citi Goldman Sachs (Financial) Akin Gump Strauss Hauer & Feld (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Company |
---|---|
Founded | 1969 |
Sector | Oil/Gas Exploration |
Employees | 520 |
Revenue | 4.3B USD (2022) |
PDC Energy is a natural gas company. PDC maintains a balanced liquids to natural gas portfolio through horizontal drilling while maintaining a solid balance sheet and ample liquidity. PDC Energy was founded in 1969 and is based in Denver, Colorado.
DEAL STATS | # |
---|---|
Overall | 2 of 3 |
Sector (Oil/Gas Exploration) | 2 of 3 |
Type (Add-on Acquisition) | 1 of 2 |
State (Colorado) | 1 of 2 |
Country (United States) | 2 of 3 |
Year (2019) | 1 of 1 |
Size (of disclosed) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-10-15 |
PDC Mountaineer
Bridgeport, West Virginia, United States PDC Mountaineer is a natural gas exploration and production company. |
Sell | $500M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-05-06 |
Great Western Petroleum
Denver, Colorado, United States Great Western Petroleum is an independent oil & gas company focused on the liquids-rich area of the DJ Basin. Great Western Petroleum was founded in 2005 and is based in Denver, Colorado. |
Buy | $543M |