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New Deal


Announced

Completed

Westmount Energy completed the acquisition of a 12.7% stake in JHI Associates.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For13%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Minority

Private

Acquisition

Cross Border

Integrated Oil and Gas

Single Bidder

Canada

oil and gas exploration

Completed

Synopsis

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Westmount Energy, an energy investment company, completed the acquisition of a 12.7% stake in JHI Associates, an oil and gas exploration company. Financial terms were not disclosed. This investment is consistent with Westmount's strategy of seeking exposure to opportunities in the prolific Guyana-Suriname Basin.

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