M&A Deal Summary

Richfield Oil & Gas Acquires Freedom Oil & Gas

On March 31, 2011, Richfield Oil & Gas acquired oil/gas exploration company Freedom Oil & Gas from The Majestic Companies

Acquisition Highlights
  • This is Richfield Oil & Gas’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Richfield Oil & Gas’ 1st transaction in the United States.
  • This is Richfield Oil & Gas’ 1st transaction in Utah.

M&A Deal Summary
Date 2011-03-31
Target Freedom Oil & Gas
Sector Oil/Gas Exploration
Buyer(s) Richfield Oil & Gas
Sellers(s) The Majestic Companies
Deal Type Divestiture

Target

Freedom Oil & Gas

Salt Lake City, Utah, United States
Freedom Oil & Gas, Inc. is a provider of oil and gas exploration services.

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Buyer(S) 1

Buyer

Richfield Oil & Gas

Salt Lake City, Utah, United States
Category Company
Founded 2008
Sector Oil/Gas Exploration
Employees7
DESCRIPTION

Richfield Oil & Gas Co. is a exploration and production company.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1

Seller(S) 1

SELLER

The Majestic Companies

Grapevine, Texas, United States
Category Company
Founded 1992
Sector Automotive
DESCRIPTION

The Majestic Companies Ltd. is a provider of automotive services.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-15 Freedom Oil & Gas

Salt Lake City, Utah, United States

Freedom Oil & Gas, Inc. is a provider of oil and gas exploration services.

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