M&A Deal Summary |
|
---|---|
Date | 2013-10-09 |
Target | Black Shire Energy |
Sector | Oil/Gas Exploration |
Buyer(s) | Twin Butte |
Sellers(s) | Lime Rock Partners |
Deal Type | Add-on Acquisition |
Deal Value | 358M USD |
Advisor(s) | FirstEnergy Capital Corp. (Financial) |
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Category | Company |
---|---|
Founded | 2006 |
Sector | Oil/Gas Exploration |
Employees | 95 |
Revenue | 241M CAD (2015) |
Twin Butte is an intermediate oil & gas company. Twin Butte Energy Ltd. was founded in 2006 and is headquartered in Calgary, Canada. Twin Butte was founded in 2006 and is based in Calgary, Canada.
DEAL STATS | # |
---|---|
Overall | 3 of 3 |
Sector (Oil/Gas Exploration) | 2 of 2 |
Type (Add-on Acquisition) | 3 of 3 |
State (Alberta) | 3 of 3 |
Country (Canada) | 3 of 3 |
Year (2013) | 1 of 1 |
Size (of disclosed) | 1 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-11-01 |
Waseca Energy
Lloydminster, Alberta, Canada Waseca is a private company with operations focused in the Lloydminster heavy-oil play. The Waseca technical team previously worked together at Husky Oil Ltd.’s heavy oil operations and at North American Oil Sands. |
Buy | $127M |
Category | Private Equity Firm |
---|---|
Founded | 1998 |
PE ASSETS | 10.4B USD |
Size | Mega |
Type | Sector Focused |
Lime Rock Partners is a private investment firm focused on growth capital investments in the energy industry. Specifically, Lime Rock looks for companies engaged in exploration & production, energy service, and oil service technology in North America and Europe. Lime Rock's target investment size is $50 to $150 million in businesses valued up to $500 million. Lime Rock Partners was formed in 1998 and is affiliated with Lime Rock Resources. Lime Rock Partners has offices in Westport, Connecticut; Aberdeen, Scotland; and Houston, Texas.
DEAL STATS | # |
---|---|
Overall | 24 of 62 |
Sector (Oil/Gas Exploration) | 6 of 23 |
Type (Add-on Acquisition) | 10 of 25 |
State (Alberta) | 4 of 6 |
Country (Canada) | 4 of 7 |
Year (2013) | 5 of 6 |
Size (of disclosed) | 7 of 15 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-06-13 |
Reservoir Exploration Technology ASA
Oslo, Norway Reservoir Exploration Technology (OSE: RXT) is a marine geophysical company specializing in multi component sea-floor acquisition services for the international oil and gas industry. Lime Rock Partners was an original investment partner of the company at its formation in April 2004, and it reinvested in RXT in December 2008. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-11-14 |
BRIDGE Energy Group
Marlborough, Massachusetts, United States BRIDGE Energy Group, Inc. is a provider of operational technology (OT), Information technology (IT) and domain consulting and systems integration expertise to improve their grid reliability, work, and asset management and customer operations. BRIDGE Energy Group was founded in 2004 and is based in Marlborough, Massachusetts. |
Sell | $164M |