Announced
Completed
Financials
Tags
Colombia
oil and gas exploration
Integrated Oil and Gas
Acquisition
Cross Border
Majority
Private
Reverse Takeover
Completed
Single Bidder
Friendly
Synopsis
Mind Cure Health-backed LNG Energy, a production, exploration and development company focused on natural gas, completed the acquisition of Lewis Energy Colombia, an oil and gas exploration company, for $100m. "It is an honor and a privilege for LNG Energy to embark on this remarkable journey, carrying on the business that Mr. Rod Lewis has pioneered in Colombia. Rod has assembled a stable of quality assets and a top-tier-talent team that is competitive, experienced and unparalleled in the Colombian natural gas sector. This transaction marks a pivotal moment for LNG Energy to partner with a visionary such as Mr. Lewis, to drive innovation, sustainability, and accretive success going forward, as we harness the potential of this significant venture. We would like to thank Mr. Rod Lewis and Lewis Energy for entrusting us with these assets and partnering with us to develop them for the benefit of all shareholders," Pablo Navarro, LNG Energy Chairman and CEO.
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