M&A Deal Summary

Stranded Oil Resources Acquires Naval Petroleum Reserve Number 3

On January 30, 2015, Stranded Oil Resources acquired oil/gas exploration company Naval Petroleum Reserve Number 3 for 45M USD

Acquisition Highlights
  • This is Stranded Oil Resources’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Stranded Oil Resources’ largest (disclosed) transaction.
  • This is Stranded Oil Resources’ 1st transaction in the United States.
  • This is Stranded Oil Resources’ 1st transaction in Wyoming.

M&A Deal Summary
Date 2015-01-30
Target Naval Petroleum Reserve Number 3
Sector Oil/Gas Exploration
Buyer(s) Stranded Oil Resources
Deal Type Add-on Acquisition
Deal Value 45M USD

Target

Naval Petroleum Reserve Number 3

Casper, Wyoming, United States

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Buyer(S) 1

Buyer

Stranded Oil Resources

New York, New York, United States
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Stranded Oil Resources Corp. is an operator in exploration and production, focused on enhanced oil recovery.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Wyoming) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
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