Add-on Acquisition • Oil/Gas Exploration

Twin Butte Acquires Emerge Oil & Gas

On January 9, 2012, Twin Butte acquired oil/gas exploration company Emerge Oil & Gas for 170M USD

Acquisition Context

This is Twin Butte’s 1st transaction in the Oil/Gas Exploration sector.
This is Twin Butte’s 2nd largest (disclosed) transaction.
This is Twin Butte’s 1st transaction in Canada.
This is Twin Butte’s 1st transaction in Alberta.

Explore All 843 Add-on Acquisition Oil/Gas Exploration Deals - Search the Database Free

M&A Deal Summary
Date	January 9, 2012
Target	Emerge Oil & Gas
Sector	Oil/Gas Exploration
Buyer(s)	Twin Butte
Deal Type	Add-on Acquisition
Deal Value	170M USD
Advisor(s)	Peters & Co. (Financial)

Target Company

Emerge Oil & Gas

Calgary, Alberta, Canada

Emerge Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of oil and natural gas reserves in western Canada.

Explore More Deals

Browse All 215,158 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

Twin Butte

Calgary, Alberta, Canada

Category	Company
Founded	2006
Sector	Oil/Gas Exploration
Employees	95
Revenue	241M CAD (2015)

DESCRIPTION

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 Context for Buyer	#
Overall	1 of 3
Sector: Oil/Gas Exploration	1 of 2
Type: Add-on Acquisition	1 of 3
State: Alberta	1 of 3
Country: Canada	1 of 3
Year: 2012	1 of 2
Size (of disclosed)	2 of 3

FOLLOWING DEAL

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

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

Explore Related M&A Activity

Oil/Gas Exploration M&A - Add-on Acquisition M&A Deals - Alberta M&A - Canada M&A - 2012 M&A