Deal Insight
Centrica acquires asset package from Statoil in Norway's Heimdal Area
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Centrica has acquired part of Statoil's interests in the Norwegian Kvitebjørn, Heimdal and Valemon fields, its full interests in the Skirne-Byggve and Vale fields, plus five technical discoveries. All of the transferred assets are located in Centrica's existing core Heimdal area. The consideration is US$1,625 million, of which US$100 million is contingent on future production performance from Kvitebjørn. We value the assets at US$1,133 million (NPV10, discounted to 1 ...
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Kvitebjørn
- Heimdal
- Valemon
- Skirne & Byggve
- Vale
-
Technical assets
- Fulla
- Øst Frigg Gamma/Delta
- Rind/Lille Frøy
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Statoil
- Centrica
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Wood Mackenzie NPV10 sensitivities - gross figures for Valemon and Kvitebjørn
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Centrica - capex and upstream cash flow
- Map
- Upstream assets: Table 2
What's included
This report contains:
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