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ENERGY & UTILITIES | Oil & Gas Production & Exploration
primavera-resources.com

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Stage

Acquired | Acquired

About Primavera Resources

Primavera Resources is an oil and gas enterprise. The firm is focused on value creation through the acquisition and development of oil and gas properties in western Canada.On July 6th, 2020, Primavera Resources was acquired by Longshore Resources. Terms of the transaction were not disclosed.

Primavera Resources Headquarter Location

2700, 255- 5th Ave SW

Calgary, Alberta, T2P 3G6,

Canada

587-355-6684

Latest Primavera Resources News

Primavera Resources closes equity financing with ARC Financial

May 18, 2017

Primavera Resources closes equity financing with ARC Financial May 18, 2017 By Kirk Falconer Calgary oil and gas company Primavera Resources Corp has secured equity financing from ARC Financial Corp, a Canadian energy private equity firm. No financial terms were released. The deal was closed concurrently with the company’s acquisition of 18,400 net acres of Montney rights located in the Goose region of northeastern British Columbia. Primavera, which is led by CEO Dan O’Byrne and President Andrew Wiacek, said the partnership with ARC will supports its development of the asset. Earlier this month, STEP Energy Services Inc, an ARC portfolio company, closed its initial public offering in Canada, raising $100 million. PRESS RELEASE Primavera Resources Corp. announces acquisition of Montney acreage and closing of equity financing by ARC Financial Corp. May 17, 2017 CALGARY, ALBERTA (May 17, 2017) Primavera Resources Corp. (“Primavera” or the “Company”) is pleased to announce the closing of an acquisition of 18,400 net acres of Montney rights located in the Goose area of NE BC. Concurrent with the acquisition, Primavera closed an equity financing by ARC Financial Corp. (“ARC Financial”) that will support a strategy to delineate and develop the full potential of this high quality asset. Primavera is a private company focused on capturing and developing high quality, liquids rich, multi-layer Montney assets. The Company’s management consists of Dan O’Byrne (CEO), Andrew Wiacek (President), Karen Nielsen (COO), Paul McDougall (CFO), Floyd Siegle (VP Engineering), Scott Leroux (VP Exploration), and Craig Haavardsrud (VP Business Development and Land). “ARC Financial has been extremely supportive of our strategy to acquire high quality, liquids rich Montney assets,” Mr. O’Byrne said. “The land that Primavera purchased today includes enough drilling locations and running room to launch an exciting new growth story in the Canadian oil and gas industry.” For more information, please contact Dan O’Byrne at (403) 616-9689 or Andrew Wiacek at (403) 874-9692. Photo courtesy of Reuters/Todd Korol Do you want exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more? Get your FREE trial to Buyouts ! Or subscribe now ! Sign up to our Newsletter Receive updates from our PE HUB Wire and Top Stories of the Week newsletters: First Name:

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