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AAG Energy Holdings - Ownership and Business Overview

Oil/gas ExplorationCompany

AAG Energy Holdings Ownership

Who owns AAG Energy Holdings?

AAG Energy Holdings is owned by Xinjiang Xintai Natural Gas. It was acquired on July 20, 2023.

Was AAG Energy Holdings formerly PE-backed?

Yes. AAG Energy Holdings was formerly owned by 1 private investor.

AAG Energy Holdings Business Overview

Where is AAG Energy Holdings headquartered?

AAG Energy Holdings is headquartered in Hong Kong, China.

What is AAG Energy Holdings’ revenue?

AAG Energy Holdings disclosed revenue of 2,567M CNY for 2022 and 1,739M CNY for 2021.

How many employees does AAG Energy Holdings have?

AAG Energy Holdings has 531 employees.

What sector is AAG Energy Holdings in?

AAG Energy Holdings is an oil/gas exploration company.

When was AAG Energy Holdings founded?

AAG Energy Holdings was founded in 2015.

Oil/gas Exploration M&A Summary in 2023

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 36 in number of deals in 2023. The largest oil/gas exploration acquisition in 2023 was Pioneer Natural Resources - which was acquired by Exxon Mobil for $64.5B.

Subscribe to Mergr to view all 46 acquisitions of oil/gas exploration companies in 2023, including 9 acquisitions by private equity firms, and 37 by strategics.

AAG Energy Holdings

AAG Energy Holdings Ltd.

Cosco Tower Unit 2506, 25th Floor 183 Queen’s Road Centra Sheung Wan,
Hong Kong, 100004
China,
+852 2803 0898
www.aagenergy.com

AAG Energy Holdings is a coal bed methane (CBM) producer. Through long-term production sharing contracts, AAG has interests in two large blocks, Panzhuang and Mabi, and over the past several years, the company has successfully applied modern drilling techniques to dramatically improve production efficiency and recovery factors. AAG Energy Holdings was founded in 2015 and is based in Hong Kong, China.


Company Summary

SECTOR

Oil/Gas Exploration

Revenue

2,567   48% 2022
1,739   68% 2021
1,039   11% 2020
1,161   19% 2019
979   81% 2018
542   2017
(millions of CNY) Show More Show Less

Employees

531

Established

2015

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