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7 Pages

DEA farms out part of West Nile Delta to BP

DEA farms out part of West Nile Delta to BP

Report summary

On 18 May 2015, DEA Deutsche Erdoel AG (owned by LetterOne) announced it was farming out half of its stake in the West Nile Delta (WND) project to BP. The project spans both the North Alexandria and West Mediterranean Deepwater licences, in which DEA is partnered with BP. DEA will reduce its share to 17.25% in both concessions and BP will hold 82.75%.

What's included?

This report includes 1 file(s)

  • DEA farms out part of West Nile Delta to BP PDF - 306.74 KB 7 Pages, 6 Tables, 3 Figures


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  • Executive summary
  • Transaction details
  • Upstream assets
    • West Nile Delta (Phase One)
    • West Nile Delta (Phase Two)
  • Deal analysis
  • Upsides and risks
    • Upside
    • Risk
  • Strategic rationale
    • DEA
    • BP
  • Oil & gas pricing and assumptions

In this report there are 9 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • Transaction details
  • Upstream assets
    • Upstream assets: Table 1
  • Deal analysis
    • Deal analysis: Table 1
    • Deal analysis: Table 2
  • Upsides and risks
  • Strategic rationale
    • DEA Capex 2015 - 2020
    • DEA Production 2015 - 2030
    • BP's Egyptian Production 2015 - 2025
  • Oil & gas pricing and assumptions
    • Oil & gas pricing and assumptions: Table 1
    • Oil & gas pricing and assumptions: Table 2
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