Wellesley Petroleum Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 27

Employees

  • Latest Deal Type
  • Platform

  • Financing Rounds
  • 1

  • Investments
  • 2

Wellesley Petroleum General Information

Description

Provider of oil and gas exploration services based in Stavanger, Norway. The company focuses on hydrocarbon exploration to develop and drill a portfolio of exploration and appraisal prospects on the Norwegian continental shelf, through participation in license rounds and farm-in transactions.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • Reidar Berges Gate 9
  • 4013 Stavanger
  • Norway
Primary Industry
Energy Exploration
Vertical(s)
Corporate Office
  • Reidar Berges Gate 9
  • 4013 Stavanger
  • Norway

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Wellesley Petroleum Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Wellesley Petroleum Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Wellesley Petroleum Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Wellesley Petroleum Investments (2)

Wellesley Petroleum’s most recent deal was a Corporate Asset Purchase with PGNiG Upstream Norway (Ørn Gas Field in Norway). The deal was made on 17-Sep-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
PGNiG Upstream Norway (Ørn Gas Field in Norway) 17-Sep-2019 Corporate Asset Purchase Other Energy
Wellesley Petroleum (Grosbeak Discovery in Norway) 01-Jan-2018 Corporate Other Energy
To view Wellesley Petroleum’s complete investments history, request access »

Wellesley Petroleum Exits (1)

Wellesley Petroleum’s most recent exit was on 17-Sep-2019 from PGNiG Upstream Norway (Ørn Gas Field in Norway). The exit was categorized as with 3 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
PGNiG Upstream Norway (Ørn Gas Field in Norway) 17-Sep-2019 Completed
  • 3 buyers
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Wellesley Petroleum Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Wellesley Petroleum (Profile of Licence Interests in Norwegian Continental Shelf) Norway

Wellesley Petroleum FAQs

  • When was Wellesley Petroleum founded?

    Wellesley Petroleum was founded in 2015.

  • Where is Wellesley Petroleum headquartered?

    Wellesley Petroleum is headquartered in Stavanger, Norway.

  • What is the size of Wellesley Petroleum?

    Wellesley Petroleum has 27 total employees.

  • What industry is Wellesley Petroleum in?

    Wellesley Petroleum’s primary industry is Energy Exploration.

  • Is Wellesley Petroleum a private or public company?

    Wellesley Petroleum is a Private company.

  • What is Wellesley Petroleum’s current revenue?

    The current revenue for Wellesley Petroleum is .

  • Who are Wellesley Petroleum’s investors?

    Bluewater (London) has invested in Wellesley Petroleum.

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