Acquiring Company
Callan JMB
Acquired Company
The Pfanenstiel Company
Description
Callan JMB Inc. has announced its acquisition of non-operated working interests in the Williston Basin from The Pfanenstiel Company for $12.5 million. This deal includes interests across 377 producing wells and is expected to close before October 1, 2026. The acquisition is anticipated to strengthen Callan's energy footprint and enhance cash flow from producing assets.
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M&A Insights
Based on deal dataFrequently asked
Who acquired The Pfanenstiel Company?
The Pfanenstiel Company was acquired by Callan JMB. The deal was reported on August 27, 2026. Callan JMB Inc. is a Nevada corporation focused on governmental affairs and financial services. The company operates within the realms of public health and safety. Callan JMB is publicly traded (CJMB) and operates in Health Care.
When did Callan JMB acquire The Pfanenstiel Company?
Callan JMB's acquisition of The Pfanenstiel Company was reported on August 27, 2026. Callan JMB Inc. has announced its acquisition of non-operated working interests in the Williston Basin from The Pfanenstiel Company for $12.5 million. This deal includes interests across 377 producing wells and is expected to close before October 1, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The Pfanenstiel Company do?
The Pfanenstiel Company, LLC specializes in oil and gas production and management, particularly focused on non-operated working interests. The company is known for its involvement in energy sectors, contributing to various projects across regions. It is privately held, operating in Energy.
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