M&A Deal Summary

PetroQuest Energy Acquires Shallow Water Gulf Of Mexico Assets

On June 19, 2013, PetroQuest Energy acquired energy services and equipment company Shallow Water Gulf Of Mexico Assets for 193M USD

Acquisition Highlights
  • This is PetroQuest Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is PetroQuest Energy’s largest (disclosed) transaction.
  • This is PetroQuest Energy’s 1st transaction in Mexico.

M&A Deal Summary

Date 2013-06-19
Target Shallow Water Gulf Of Mexico Assets
Sector Energy Services and Equipment
Buyer(s) PetroQuest Energy
Deal Type Add-on Acquisition
Deal Value 193M USD

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Buyer(S) 1

Buyer

PetroQuest Energy

Lafayette, Louisiana, United States

Category Company
Founded 1983
Sector Oil/Gas Exploration
Employees119
Revenue 67M USD (2016)
DESCRIPTION

PetroQuest Energy, Inc. is an energy company engages in the exploration, development, acquisition, and production of oil and natural gas reserves. PetroQuest Energy was founded in 1983 and is based in Lafayette, Louisiana.


DEAL STATS #
Overall 1 of 3
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 3
Country (Mexico) 1 of 1
Year (2013) 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-06 Gathering Assets - Pittsburg

Pittsburg, Oklahoma, United States

Gathering Assets - primarily located in Pittsburg County in Southeast Oklahoma., which are currently producing approximately 45 million cubic feet of gas per day.

Sell $41M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-03 Hall-Houston Exploration II

Houston, Texas, United States

Hall-Houston Exploration II, L.P. is a provider of an oil and gas exploration services.

Buy -