Deal insight
| |
9 Pages

Australia-listed small caps Horizon Oil and Roc Oil agree all-share merger of equals


Australia-listed small caps Horizon Oil and Roc Oil agree all-share merger of equals

Report summary

Horizon Oil and Roc Oil - two Australia-based and listed independents - have agreed a 'merger of equals'. The new company will have a market capitalisation of approximately US$735 million, assets in seven countries through Asia and Australasia, and combined current production of around 16,500 boe/d. These two firms are highly complementary, blending immediate cash flow with long term growth across a number of growing and emerging markets.

What's included?

This report includes 1 file(s)

  • Australia-listed small caps Horizon Oil and Roc Oil agree all-share merger of equals PDF - 417.16 KB 9 Pages, 5 Tables, 1 Figures

Description

The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Deal Insight report provides an in-depth analysis of this deal. You will also find information about upstream assets and the strategic rationale behind the deal.

For investors and businesses, this deal insight report provides an understanding of the effect this deal will have on the market, including oil and gas pricing and assumptions. Use it to keep up to date with deal announcements, gain expert insights and analyse potential developments that might affect your strategy.

Wood Mackenzie goes beyond company-reported data and announcements to give you an independent and informed view. Our unique valuation metrics are underpinned by our deep understanding of upstream assets and companies. We help you objectively benchmark and evaluate asset and corporate deals so you can compare deal economics around the world.

  • Executive summary
  • Transaction details
  • Upstream assets
    • Roc Oil's portfolio
      • Malaysia
      • China
      • United Kingdom
      • Australia
      • Exploration Portfolio
    • Horizon Oil
      • China
      • New Zealand
      • Papua New Guinea
      • Exploration Portfolio
  • Deal analysis
  • Upsides and risks
    • Upsides
    • Risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

In this report there are 6 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • Transaction details
  • Upstream assets
    • Map showing Horizon and Roc's countries of operation
    • Upstream assets: Table 1
  • Deal analysis
    • Deal analysis: Table 1
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions
    • Oil & gas pricing and assumptions: Table 1
    • Oil & gas pricing and assumptions: Table 2
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...