Deal insight

BP sells its Colombian business unit to Ecopetrol and Talisman

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

BP has agreed the sale of its Colombian E&P business to Ecopetrol and Talisman for a net consideration of US$1 755 million. This price is in line with our base case valuation of US$1.8 billion. The scope of BP's divestiture programme was recently increased from US$10 billion to US$30 billion in the face of escalating estimates of the total cost of the Deepwater Horizon disaster. In completing this and the recently announced US$7 billion Apache transaction BP will have secured ...

What's included

This report contains

  • Document

    BP sells its Colombian business unit to Ecopetrol and Talisman

    PDF 912.58 KB

Table of contents

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

Tables and charts

This report includes 10 images and tables including:

Images

  • Basic deal NPV,10 sensitivities
  • Deal NPV sensitivity to Brent oil price and discount rate
  • BPXC portfolio transferred to Ecopetrol and Talisman
  • BP portfolio analysis: strategic fit of regions

Tables

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

Questions about this report?

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