M&A Deal Summary

Richfield Oil & Gas Co. Acquires Freedom Oil & Gas

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

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

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 M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Utah M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 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 M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Utah M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 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.

Buy -