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Verus Petroleum UK Limited

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About Timeline of Key Events Financials Deals Employee data
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Year established

2014

Location

Aberdeen UK

Primary Industry

Oil & Gas

About

Founded in 2014 and based in Aberdeen, UK, Verus Petroleum UK Limited (formerly known as Bridge Energy UK Limited) operates as an oil and gas company that provides petroleum exploration and production services.
Primary Industry
Oil & Gas
Sub Industries
Petroleum Wholesale Distribution, Oil & Gas Exploration and Production
Website
www.veruspetroleum.com
Company Stage
Buyout
Total Amount Raised
Subscriber access only

Timeline of Key Events

TimeLine Events

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Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin
31 Dec 2014
13,969,578
-
(40,750,643)
(291.7%)
(37,068,803)
(265.4%)
(42,643,455)
(305.3%)
31 Dec 2015
23,963,322
71.5%
(15,738,635)
(65.7%)
3,909,821
16.3%
(16,203,290)
(67.6%)
31 Dec 2016
7,371,941
(69.2%)
4,797,182
65.1%
7,245,913
98.3%
56,024,039
760%
31 Dec 2017
44,100,330
498.2%
15,115,989
34.3%
24,567,348
55.7%
44,488,282
100.9%
31 Dec 2018
113,693,000
157.8%
78,356,000
68.9%
103,260,000
90.8%
57,497,000
50.6%
31 Dec 2019
31 Dec 2020
31 Dec 2021

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Deals

Deals Type
Merger
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Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Neo E&P Limited, Verus Petroleum UK Limited 02 Oct 2019
Completed Cieco Energy Service (UK) Ltd 20 Sep 2018
Completed Alba oil field 30 Apr 2018
Completed Premier Oil plc's Babbage gas field 30 Apr 2018
Completed Boa Oil Field 20 Oct 2016
Displaying 1-5 of 6

Employee Data

Employee Graph

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