Deal Insight
Canadian Natural Resources acquires Chevron's Alberta assets for US$6.5 billion
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
CNRL's $6.5 billion acquisition of Chevron's Albian Oil Sands Project and Duvernay working interests, marks a rare acquisition of non operating integrated oil sands mining positions. The deal will increase CNRL's working interest in the AOSP project to 90% and enters CNRL into one of the larger positions in the Duvernay. We analyze deal value and compare metrics to past oil sands consolidating transactions as well as look at the upsides and risks and strategic rational for both companies.
Table of contents
- Upsides
- Risks
- Canadian Natural Resources
- Chevron
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Horizon
The Horizon project is situated in the Athabasca oil sands region of Alberta, around 70 kilometres north of Fort McMurray. At Horizon, ...
$3,720
Country Report
Cote d`Ivoire upstream summary
Cote d'Ivoire is a small, mature oil and gas producer in West Africa. Current production comes from conventional, mostly ...
$6,480
Insight
Mubadala Energy deepens US LNG investment with Kimmeridge deal
Mubadala Energy’s investment deepens its commitment to US LNG.
$1,050
