M&A Deal Summary

Petrus Resources Acquires Ravenwood Energy

On September 2, 2014, Petrus Resources acquired oil/gas exploration company Ravenwood Energy for 195M USD

Acquisition Highlights
  • This is Petrus Resources’ 2nd transaction in the Oil/Gas Exploration sector.
  • This is Petrus Resources’ largest (disclosed) transaction.
  • This is Petrus Resources’ 2nd transaction in Canada.

M&A Deal Summary
Date 2014-09-02
Target Ravenwood Energy
Sector Oil/Gas Exploration
Buyer(s) Petrus Resources
Deal Type Add-on Acquisition
Deal Value 195M USD
Advisor(s) FirstEnergy Capital Corp. (Financial)

Target

Ravenwood Energy

Calgary, Canada
Ravenwood Energy Corp. is a provider of oil/gas exploration services.

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Buyer(S) 1

Buyer

Petrus Resources

Calgary, Alberta, Canada
Category Company
Sector Energy Services and Equipment
DESCRIPTION

Petrus Resources is a private Canadian energy company focused on property exploitation, strategic acquisitions and risk-managed exploration in the Foothills and Peace River area of Alberta. Petrus Resources is based in Calgary, Alberta.

DEAL STATS #
Overall 2 of 2
Sector (Oil/Gas Exploration) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (Canada) 2 of 2
Year (2014) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-21 Arriva Energy

Calgary, Alberta, Canada

Arriva Energy, Inc. is a private junior energy corporation engaged in the exploration, development, production and acquisition of oil and gas reserves in the Ferrier/Strachan area of Alberta.

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