Spring Energy Norway
Founded Year
2007Stage
Acquired | AcquiredTotal Raised
$451.76MValuation
$0000About Spring Energy Norway
Spring Energy is an independent, upstream oil and gas company focused on the Norwegian Continental Shelf. Founded in 2007, the Company has, through license applications, farm-in transactions, acquisitions and swaps, built a considerable portfolio of exploration and appraisal assets. The Company's portfolio provides a balanced spread of risk and reward, encompassing 28 licenses, including 5 as operator and one producing field. It has a team of 37 highly experienced technical and commercial persons based in Oslo. In December 2012, Spring Energy was acquired by Tullow Oil. The valuation of Spring Energy was $372 million. Other terms of the deal were not released.
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Latest Spring Energy Norway News
Jan 22, 2013
Tullow Oil plc announced today that it has completed its acquisition of Spring Energy Norway AS, which was first announced on 11 December 2012.
Spring Energy Norway Frequently Asked Questions (FAQ)
When was Spring Energy Norway founded?
Spring Energy Norway was founded in 2007.
What is Spring Energy Norway's latest funding round?
Spring Energy Norway's latest funding round is Acquired.
How much did Spring Energy Norway raise?
Spring Energy Norway raised a total of $451.76M.
Who are the investors of Spring Energy Norway?
Investors of Spring Energy Norway include Tullow Oil, SEB Private Equity, DNB, BNP Paribas Private Equity, SpareBank 1 and 4 more.
Who are Spring Energy Norway's competitors?
Competitors of Spring Energy Norway include Pacific Canbriam Energy, Broad Oak Energy, Kosmos Energy, Shona Energy, Mason Dixon Energy and 7 more.
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