M&A Deal Summary

Profound Energy Acquires Defiant Resources

On March 1, 2008, Profound Energy acquired oil/gas exploration company Defiant Resources for 110M USD

Acquisition Highlights

This is Profound Energy’s 1st transaction in the Oil/Gas Exploration sector.
This is Profound Energy’s largest (disclosed) transaction.
This is Profound Energy’s 1st transaction in Canada.
This is Profound Energy’s 1st transaction in Alberta.

M&A Deal Summary
Date	2008-03-01
Target	Defiant Resources
Sector	Oil/Gas Exploration
Buyer(s)	Profound Energy
Deal Type	Add-on Acquisition
Deal Value	110M USD
Advisor(s)	FirstEnergy Capital Corp. (Financial)

Target

Defiant Resources

Calgary, Alberta, Canada

Defiant Resources Corp. is a provider of nautal gas and curde oil exploration services.

Search 200,500 Deals Now

SEARCH BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Profound Energy

Calgary, Alberta, Canada

Category	Company
Sector	Oil/Gas Exploration
Employees	20

DESCRIPTION

Profound Energy, Inc. is a provider of oil/gas exploration services.

DEAL STATS	#
Overall	1 of 1
Sector (Oil/Gas Exploration)	1 of 1
Type (Add-on Acquisition)	1 of 1
State (Alberta)	1 of 1
Country (Canada)	1 of 1
Year (2008)	1 of 1
Size (of disclosed)	1 of 1