One-Page Deal Sheet
Freepoint Acquires Gulf of Mexico Assets
Freepoint Commodities Llc ExxonMobil, W&T Offshore Inc.
Announced Date
August 19,2013
Close Date
August 19,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
110
Asset/Basin:
{"Gulf of Mexico"}
Transaction Details: Subscribe to see
Freepoint Commodities LLC ("Freepoint") today announced that its subsidiary Commerce Oil LLC, together with affiliates of Apollo Global Management, LLC and Summit Partners Credit Advisors, L.P., closed a transaction to provide more than $110 million of acquisition and redevelopment capital to Whistler Energy II, LLC ("Whistler"). This financing enabled Whistler to acquire 100 percent of the working interests in two oil and natural gas producing blocks in the Gulf of Mexico (Green Canyon 18 & 60) from an ExxonMobil affiliate (NYSE: XOM) and W&T Offshore, Inc. (NYSE: WTI). Whistler additionally…
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|---|---|---|---|---|---|
| Jan-15-2024 |
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| May-25-2022 |
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| Apr-05-2022 |
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| Jan-10-2022 |
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