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New Deal


Announced

Completed

Carbon Energy completed the acquisition of Carbon Appalachian Company from Old Ironsides Energy for $58m.

Financials

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Transaction Value£45m
Consideration TypeCash
Capital Owned27%
Capital Bid For74%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

oil and gas

Acquisition

Friendly

Integrated Oil and Gas

Completed

United States

Majority

Single Bidder

Private Equity

Synopsis

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Carbon Energy, an independent oil and gas company, completed the acquisition of Carbon Appalachian Company, an oil and gas company, from Old Ironsides Energy for $58m. Following the close of the transaction, Carbon’s Appalachian assets will be comprised of approximately 63k mcfe of net daily production, approximately 4.7k miles of natural gas pipelines and approximately 1.6m net acres of leasehold.

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