“M&A Dealmaker Q&A”
In January Carrier Energy Partners, a private oil and gas company focused on the acquisition and exploitation of non-operating working interests in upstream assets, made an acquisition directly from UK-based Empyrean Energy (LON: EME) for USD 71m.
The Empyrean transaction was one of three acquisitions that Thompson & Knight Partner Barry Davis assisted Carrier with. All three acquisitions combined were valued at over USD 270m and backed by an equity commitment from Riverstone Energy Partners, all done with the intent of Carrier entering into the Eagle Ford Shale. Davis shared the details of the Empyrean transaction with Mergermarket.