Deal Insight

DEA expands in Mexico with Sierra takeover

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.
 

- FAQ's about online orders
- Find out more about subscriptions

18 December 2018

DEA expands in Mexico with Sierra takeover

Report summary

DEA is to acquire Mexico's Sierra Oil & Gas in the country's largest upstream M&A deal since the historic energy reform was enacted. Most notably the deal features Sierra's interest in Zama – the flagship field and shallow-water discovery that has defined Sierra since its successful Round One bid. DEA is committed to an aggressive growth strategy in Mexico and plans to deploy US$1 billion to increase its new position. The company is in the midst of merging with BASF's Wintershall to become DEA Wintershall and there are plans to take the combined international E&P public in 2019.

Table of contents

  • Executive summary
  • Transaction details
    • Zama
    • Salinas-Sureste exploration blocks
  • Deal analysis
    • Zama exploration upside
    • Mexico's first unitisation
    • Political risks for future development
    • DEA
    • Sierra Oil & Gas
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 7 images and tables including:

  • 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
  • Map
  • Upstream assets: Table 1

What's included

This report contains:

  • Document

    DEA expands in Mexico with Sierra takeover

    PDF 2.88 MB

Trusted by leading organisations