M&A Deal Summary

Whittier Energy Acquires RIMCO Production

On April 20, 2005, Whittier Energy acquired oil/gas exploration company RIMCO Production for 56M USD

Acquisition Highlights
  • This is Whittier Energy’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Whittier Energy’s largest (disclosed) transaction.
  • This is Whittier Energy’s 1st transaction in the United States.
  • This is Whittier Energy’s 1st transaction in Texas.

M&A Deal Summary

Date 2005-04-20
Target RIMCO Production
Sector Oil/Gas Exploration
Buyer(s) Whittier Energy
Deal Type Add-on Acquisition
Deal Value 56M USD

Target

RIMCO Production

Houston, Texas, United States
RIMCO Production is an exploration and development of oil and natural gas properties in the US Gulf Coast.

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Buyer(S) 1

Buyer

Whittier Energy

Houston, Texas, United States

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Whittier Energy Corp. is a independent oil and gas exploration and production company.


DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1