Deal Insight

Cenovus doubles down on Canada with US$13.3 bn ConocoPhillips acquisition

Get this report

$1,650

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

03 April 2017

Cenovus doubles down on Canada with US$13.3 bn ConocoPhillips acquisition

Report summary

The oil sands are stealing the M&A show in 2017. On 29 March 2017, Cenovus announced the purchase of ConocoPhillips' 50% stake in the FCCL partnership as well as Deep Basin and selected Montney assets for a total base consideration of Cdn$17.7 billion (US$13.3 billion). This is one per cent above Cenovus' current enterprise value. The deal includes cash of Cdn$14.1 billion, an equity component and contingent payments linked to the Western Canada Select (WCS) diluted bitumen ...

Table of contents

Tables and charts

This report includes 10 images and tables including:

  • Executive summary: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Deal analysis: Table 3
  • Deal analysis: Table 4
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Deep Basin production under base and high case scenarios
  • Oil sands consolidation amongst the large four players
  • Upstream assets: Table 1

What's included

This report contains:

  • Document

    Cenovus doubles down on Canada with US$13.3 bn ConocoPhillips acquisition

    PDF 312.05 KB

Other reports you may be interested in

Browse reports by Industry Sector