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Announced

Completed

Pearl Energy Investments completed a $90m investment in Slant Energy II.

Financials

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Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Completed

Single Bidder

Friendly

oil and gas assets

Minority

United States

Private Equity

Integrated Oil and Gas

Domestic

Synopsis

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Pearl Energy Investments, an investment company, completed a $90m investment in Slant Energy II, an independent exploration and production company. “We are very appreciative of the ongoing support from Pearl. We have had a great partnership and view this additional commitment as an opportunity to continue to execute our business plan,” Stewart Stover, Slant Energy II CEO.

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