Past Transactions at the Waterford Goup 

 

  • Identification and acquisition of Siberian oil assets. Restructuring and listing of Dana Petroleum Plc on the London Stock Exchange together with assistance in equity raising's.
  • Sale of a minority interest in two Russian Joint Stock Companies with significant oil reserves to Dana Petroleum plc for cash and shares.
  • Purchase of a controlling interest in and management control of Nobel Resources Plc, Ireland.
  • Financial restructuring of Vanguard Petroleum and its assets (over $25m), assumption of management control and $10m equity raising to enable the completion of the restructuring.
  •  Founding the investor group, that secured 12.5% working interest in major offshore PSA, Azerbaijan (other participants BP, Lasmo (Monument) & SOCAR). Sold interest to Shell.
  • Facilitation in acquisition and management of 35% shareholding in Vankor Project. The interest was later sold to Rosneft.
  • Facilitation in acquisition and management of 29.9% shareholding in Anglo Siberian Oil Company Plc. Disposal through successful cash offer by Rosneft International in April 2003. Rosneft currently value the acquired asset at  $5bn.
  • Facilitation in structuring the early investment and acquisition of 10% shareholding in First Calgary Petroleum Ltd (“FCP”). FCP used to be one of the largest Canadian independents and listed on AIM in London. In October 2008 FCP was acquired by Italian oil and gas major ENI in a deal worth USD 923 million.
  • Restructuring and acquisition of 30% in Emerald Energy Plc (“Emerald”), LSE full list company with assets in Colombia. Emerald has been sold to Sinochem Corporation in 2009 for USD 850mln.
  • Structuring and acquisition of 35% in Thistle Mining Corporation, Toronto and AIM listed gold producer with South African and Philippines assets. As result of several transactions the assets were sold to CGX Gold and Pomodzi Gold.
  • Structuring and acquisition of 25% of Federovsky exploration block in Kazakhstan. Partners on this project included MOL plc, Hungary and Chinese National Company. Waterford has sold its stake in the block in 2011 to KazMunaiGas Exploration Production (Kazakh National Oil Company).
  •  Acquisition of 25% of South Karpovsky exploration block in Kazakhstan. The other partner is Korean National Oil Company. Waterford has later sold its stake in the block.
  • Waterford, since 1995, has closed major transactions in excess of $3.5bn.

 

 

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Map of Operations in asset management

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