Deal Insight
Addax Petroleum acquires Shell's 80% interest in Pecten Cameroon for US$538 million
This report is currently unavailable
Report summary
Addax has acquired Shell's interests in Cameroon for US$538 million. The portfolio comprises a cluster of mature oil fields spanning eight shallow water concessions. Production is firmly in the decline phase, and future activity will be geared towards minimising expenditure and maximising recovery. Addax's partner, and operator of most of the concessions, is mature asset specialist Perenco. Their interests are well aligned: Perenco acquired its position from Total in November 2010. ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
-
Upsides and risks
- Improved recovery
- Synergies with existing interests
- Exploration potential
- Undeveloped gas volumes
- Dissoni Nord
-
Strategic rationale
- Shell
- Addax
- Oil & gas pricing and assumptions
Tables and charts
This report includes 8 images and tables including:
- Executive summary: Table 1
- Upstream assets: Table 1
- Net Production Profile
- Rio del Rey Basin - Pecten Cameroon and existing Addax interests
- Deal analysis: Table 1
- Deal analysis: Table 2
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
23 February 2018
Moabi
Asset Report
Moabi
The Moabi Block is located offshore, in Cameroon's Rio del Rey Basin, which is an eastern extension of the prolific Niger Delta. ...
$2,30028 July 2017
Ngosso
Asset Report
Ngosso
The Ngosso Block is situated in the Niger Delta Basin and covers part of the Bakassi peninsula, close to the border with Nigeria. The ...
$2,30018 January 2018
Sinopec Group corporate report
Company Report
Sinopec Group corporate report
Sinopec is China's leading downstream refining and marketing company. It also holds a diverse portfolio of international upstream assets.
$5,400
