M&A Deal Summary |
|
|---|---|
| Date | 2015-02-23 |
| Target | Bayside Petroleum Co. |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Technis Energy |
| Sellers(s) | Bayside |
| Deal Type | Divestiture |
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Technis Energy is a British Virgin Islands oil company that owns and operates more than 50 oil wells in the USA primarily in East Texas. The East Texas Oil Field is the one of the major oil field in the United States, having more than seven billion barrels of oil in place, and having produced more than 5.5 billion barrels, or about 78% of the original oil in place.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2015 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Sector | Business Services |
| Revenue | 500K USD (2014) |
Bayside is an American multinational corporation that manages multiple subsidiary companies engaged in a variety of business industries and sectors. Bayside is headquartered in Weston, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2015 M&A | 1 of 1 |
