M&A Deal Summary

Storm Resources Acquires Bellamont Exploration

On March 23, 2012, Storm Resources acquired oil/gas exploration company Bellamont Exploration for 122M USD

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

M&A Deal Summary
Date 2012-03-23
Target Bellamont Exploration
Sector Oil/Gas Exploration
Buyer(s) Storm Resources
Deal Type Add-on Acquisition
Deal Value 122M USD
Advisor(s) FirstEnergy Capital Corp. (Financial)

Target

Bellamont Exploration

Calgary, Alberta, Canada
Bellamont Exploration Ltd. is a oil/gas exploration provider in canada.

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Buyer(S) 1

Buyer

Storm Resources

Calgary, Alberta, Canada
Category Company
Founded 2010
Sector Oil/Gas Exploration
DESCRIPTION

Storm Resources Ltd. is a acquirer, explorer for, develops, and produces oil, natural gas, and natural gas liquids in the provinces of Alberta and British Columbia, Canada.

DEAL STATS #
Overall 2 of 3
Sector (Oil/Gas Exploration) 2 of 3
Type (Add-on Acquisition) 2 of 2
State (Alberta) 2 of 2
Country (Canada) 2 of 3
Year (2012) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-11 Storm Gas Resource

Calgary, Alberta, Canada

Storm Gas Resource Corp. engages in the exploration and production of shale gas in Horn River Basin, North East British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Yoho Resources - Nig Montney assets

Canada

Buy $88M
Mergr

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Company

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