Deal Insight
ConocoPhillips sells its northern Australia portfolio to Santos for US$1.47 billion
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Santos has acquired ConocoPhillips' northern Australia operating interests for US$1.465 billion. The transaction is effective as of 1 January 2019, with completion subject to third-party consent and regulatory approvals. At the core of the deal are upstream and LNG assets that Santos knows well and offer development upside, plus long-term production and cashflow.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
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Strategic rationale
- Future M&A
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: Table 1
- Darwin LNG project
- 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:
