M&A Deal Summary

Westmont Resources Inc Acquires Marcellus Shale Existing Wells

On May 26, 2011, Westmont Resources Inc acquired oil/gas exploration company Marcellus Shale Existing Wells

Acquisition Highlights
  • This is Westmont Resources Inc’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Westmont Resources Inc’s 1st transaction in the United States.

M&A Deal Summary

Date 2011-05-26
Target Marcellus Shale Existing Wells
Sector Oil/Gas Exploration
Buyer(s) Westmont Resources Inc
Deal Type Add-on Acquisition

Target

Marcellus Shale Existing Wells

United States
Marcellus Shale is an oil reserve spread over 3,400 acres area and includes 120 oil wells. The assets are located in Pennsylvania and West Virginia.

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Buyer(S) 1

Buyer

Westmont Resources Inc

Bellevue, Washington, United States

Category Company
Founded 2004
Sector Oil/Gas Exploration
DESCRIPTION

Westmont Resources Inc, engages in the acquisition and development of natural resources properties.


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
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1