New Age (African Global Energy) Ltd., an oil and gas exploration and production company, completed the acquisition of an additional ##% interest in the Blocks ## and ##, located in the onshore Ogaden Basin, eastern Ethiopia, from Africa Oil Corporation, an oil and gas exploration company, for a purchase consideration of $##.##m.
Total payments received by GPK for oil sales now amount to $##.## million representing ##,## barrels of GPK entitlement oil sold through to the end of September 2017.
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New Age Ltd is an oil and gas company that explores and develops oil and gas fields, and oil wells.The company's activities contain exploration, production, appraisal and development of oil and gas assets in seven sub Saharan African countries.
It has drilled 12 exploration and appraisal wells, and built a portfolio of six oil fields and six gas fields.New Age also operates liquefied natural gas projects.
The company has its operational presence across Congo-Brazzaville, Cameroon, Nigeria, Kurdistan, Ethiopia, Morocco and South Africa (ZA). New Age is based in London, the UK.
New Age Ltd - Oil & Gas - Transactions and Alliances Profile offers you detailled data and trend analysis of the company's Mergers and Acquisitions, alliances and financings.The study offers exhaustive data on Private Equity, Mergers and Acquisitions, Venture Financing, Equity/Debt Offerings, Venture Financing and Partnership transactions reported by the firm over a 5-year period.
The study provides extensive comparative data on: number of transactions, their values -subdivided into transactions types-, sub-sectors and areas.
GlobalData used data coming from Oil and Gas eTrack deals database, primary and secondary research.
- Financial transactions - Analysis of the company's financial transactions including mergers and Acquisitions, Equity/Corporate debt offerings, Private equity investment, Venture capital financing and Alliances.
- Transactions by Year - Chart and table displaying information including the number of transactions and value described by the company by year, for a five year period.
- Transactions by Category - Chart and table depicting info containing the number of business deals and value announced by the company by type including Mergers and Acquisitions, Equity/Corporate debt offering etc.
- Transactions by Region - Chart and table presenting data on the number of accords and value described by the company by region, which comprises North America continent, Europe (EU), Asia Pacific (APAC), the Middle East (ME) and African continent and South and Central America.
- Transactions by Sub-sector - Chart and table showing data on the number of transactions and value announced by the company, by sub-sector.
- Main deals - Data on the company's main financial deals. Each such deal has a short statement, business deal type, deal justification; and deal financials and target company's main financial metrics and ratios.
- Business overview - A succinct description of the company's opertations.
- Main employees - A list of the main executives of the company.
- Significant locations and Subsidiaries - An inventory and contact details of main centers of operation and key partners (subsidiaries of the company).
- Main competitors - A list of the main competitors of the company.
- Main new developments - A succinct on latest news about the company.
Access comprehensive data on the company's financial transactions, company's expansion and divestiture and fund requirements
- The industry profile allows you to examine the company's financial transactions by region, by year, by industry segments and by category, for a five year period.
Gain knowledge on the growth and disinvestment strategy of the company
- The industry profile unveils transactions from the firm's core business segments' perspective to benefit you comprehend its business strategy.
Understand the main deals of the company with an overview of the recent financial transactions
- In-depth information on main recent deals includes a short statement of each deal, business deal type, deal motivation, financial deals and Target company's main financial metrics and ratios.
Get access to comprehensive data about the company's operations and detect potential clients and suppliers.
- The industry profile examines the corporate's business structure, areas and subsidiaries, main executives and key players.
Stay updated on main improvements affecting the firm
- Recent evolutions about the company exhibited in the profile advice you track main events.
Gain key aspects into the company for academic purposes or business purposes
- Highlight elements such as break up of transactions into types and info on detailed main deals are included into the industry profile to help your academic or business needs.
Note*: Some parts may be removed if info is not available for the company.This report is systematically updated by our analysts for each new purchase. This is to ensure that you get the latest information available on the company. The report will be updated and sent to you in no later than 24h.
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