Waterous Energy Fund completed the acquisition of a 45% stake in Osum Oil Sands.

Synopsis

Waterous Energy Fund, a private equity firm, completed the acquisition of a 45% stake in Osum Oil Sands, an oil and natural gas exploration firm. Financial terms were not disclosed.

Principals

target

Osum Oil Sands Corp

bidder

Waterous Energy Fund

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Market Context

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Seller Team (2)

steve spence

President and CEO at OSUM OIL SANDS CORP

Manager

target

Deals

£ 97 M

Total Value

john osler

Partner at McCarthy Tetrault

Lawyer

target

Deals

£ 11.09 B

Total Value

Bidder Team (1)

adam waterous

Founder and CEO at WATEROUS ENERGY FUND

Investor

bidder

Deals

£ 2.50 B

Total Value

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