M&A Deal Summary

Trilogy Energy Acquires Blue Mountain Energy

On April 1, 2005, Trilogy Energy acquired oil/gas exploration company Blue Mountain Energy from Kayne Anderson Capital Advisors

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

M&A Deal Summary

Date 2005-04-01
Target Blue Mountain Energy
Sector Oil/Gas Exploration
Buyer(s) Trilogy Energy
Sellers(s) Kayne Anderson Capital Advisors
Deal Type Add-on Acquisition

Target

Blue Mountain Energy

Calgary, Alberta, Canada
Blue Mountain Energy was a private exploration and production company based in Calgary, Alberta that focused on exploring, acquiring and exploiting oil and gas assets in the Western Canadian Sedimentary Basin.

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Buyer(S) 1

Buyer

Trilogy Energy

Calgary, Alberta, Canada

Category Company
Founded 2010
Sector Energy Services and Equipment
Employees193
DESCRIPTION

Trilogy Energy Corp. is a petroleum and natural gas-focused Canadian energy corporation that actively develops,produces and sells natural gas, crude oil and natural gas liquids. Trilogy geographically concentrated assets are primarily high working interest properties that provides abundant low risk infill drilling opportunities and good access to infrastructure and processing facilities, many of which are operated and controlled by Trilogy.


DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2005 M&A 1 of 1

Seller(S) 1

SELLER

Kayne Anderson Capital Advisors

Los Angeles, California, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1984
PE ASSETS 36.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Kayne Anderson Capital Advisors is an alternative investment management firm focused on hedge funds, public funds, energy private equity, growth private equity, real estate private equity, and mezzanine finance opportunities. Kayne's energy private equity group focuses on $20 to $100 million investments in high-growth exploration and production, midstream and oilfield service companies. The energy group considers both majority or minority stakes in public and private businesses. Kayne's growth private equity practice involves structured investments in public and private companies looking for capital to finance expansion. This group will also consider middle-market leveraged transactions and management buyouts. Kayne's real estate private equity group invests in established, cash-flow generating projects. Areas of interest include student housing and campus-oriented retail properties, amongst other opportunistic investments. The Group looks for acquisitions of $25 to $100 million. Kayne's mezzanine team looks to provide $20 to $35 million of capital for mid-market businesses with $100 to $500 million of sales and $10 to $50 million of EBITDA. Kayne Capital Advisors was formed in 1984 and is based in Los Angeles with additional offices in Armonk, New York; New York City, and Houston.


DEAL STATS #
Overall 4 of 85
Sector: Oil/Gas Exploration M&A 4 of 43
Type: Add-on Acquisition M&A Deals 2 of 34
State: Alberta M&A 3 of 8
Country: Canada M&A 3 of 12
Year: 2005 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-01 Sentra Resources

Calgary, Alberta, Canada

Sentra Resources Corporation was a private exploration and production company based in Calgary, Alberta that focused on exploring, acquiring and exploiting oil and gas assets in the Western Canadian Sedimentary Basin.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-26 Blacksand Energy

Denver, Colorado, United States

Blacksand Energy was a private exploration and production company based in Denver, Colorado that focused on production and development of primarily oil reserves in California.Blacksand Energy - is primarily engaged in the acquisition, development and production of oil and gas properties. Blacksand’s principal asset is the long-life Brea-Olinda oil field located in the LA Basin, onshore California.

Buy -