M&A Deal Summary

Spartan Energy Services Acquires Renegade Petroleum

On March 31, 2014, Spartan Energy Services acquired oil/gas exploration company Renegade Petroleum

Acquisition Highlights
  • This is Spartan Energy Services’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Spartan Energy Services’ 1st transaction in Canada.
  • This is Spartan Energy Services’ 1st transaction in Alberta.

M&A Deal Summary
Date 2014-03-31
Target Renegade Petroleum
Sector Oil/Gas Exploration
Buyer(s) Spartan Energy Services
Deal Type Add-on Acquisition

Target

Renegade Petroleum

Calgary, Alberta, Canada
Renegade Petroleum Ltd. engages in the exploration, development, and production of oil and gas properties in Western Canada and the United States.

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Buyer(S) 1

Buyer

Spartan Energy Services

Lafayette, Louisiana, United States
Category Company
Founded 2010
Sector Energy Services and Equipment
DESCRIPTION

Spartan Energy Services is a provider of coiled tubing tools and services, fishing services, and flow control services in many of the most active domestic oil and natural gas plays in North America. Spartan Energy Services was founded in 2010 and is based in Lafayette, Louisiana.

DEAL STATS #
Overall 1 of 2
Sector (Oil/Gas Exploration) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Alberta) 1 of 2
Country (Canada) 1 of 2
Year (2014) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 Petrex Energy

Calgary, Alberta, Canada

Petrex Energy Ltd. i s a provider of oil/gas exploration services.

Buy $11M
Mergr

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