Deal insight

PETRONAS acquires Montney assets from Talisman for Cdn$1.5 billion

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

Report summary

Talisman is to sell 127 000 net acres in the Montney (Canada) to PETRONAS subsidiary Progress Energy for US$1.44 billion. The deal includes a 50% interest the Farrell Creek and Cypress A lands (Sasol holds the other 50% interest) plus acreage in the Greater Cypress area. Under our base case we value the assets at US$1.2 billion. This assumes that around 70% of the land can be commercially developed and that all gas is sold into North American markets.For PETRONAS however this deal is ...

What's included

This report contains

  • Document

    PETRONAS acquires Montney assets from Talisman for Cdn$1.5 billion

    PDF 496.60 KB

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Upsides & risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 7 images and tables including:

Tables

  • Executive summary: Table 1
  • Upstream assets: Table 1
  • Deal analysis: Table 1
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Deal analysis: Table 2
  • Deal analysis: Table 3

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898