Deal Insight
BP exits Alaska with US$5.6 billion sale to Hilcorp
Report summary
*********UPDATE: 27 April 2020*********************BP announced revisions to the terms of its Alaska disposal to Hilcorp. The total consideration for the sale remains unchanged at US$5.6 billion but the structure of the consideration and phasing of payments has been modified. Under the original terms, Hilcorp was to pay BP US$4.0 billion near-term and US$1.6 billion through a subsequent earnout (we estimated this would be paid by 2022 under our previous base case). A US$500 million deposit ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Hilcorp
- BP
- Oil & gas pricing and assumptions
Tables and charts
This report includes 8 images and tables including:
- Executive summary: Table 1
- North Slope map
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- 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
Insight
US Gulf of Mexico: 4 things to look for in 2024
We look ahead to what 2024 could have in store for the US GoM and discuss four themes that could shape the region.
$1,350
Insight
Are BP or Shell next in line for big M&A?
We consider whether large-scale upstream acquisitions – think corporate takeovers over US$20 billion – might be on Shell or BP’s radar
$1,350
Asset Report
Freeport Train 1 - Plant
LNG plantThe Freeport LNG export project involves construction of liquefaction facilities at the site of the existing Freeport regas ...
$2,250
