Deal Insight
EnQuest farms-in 70% to PA Resources' offshore Tunisian assets for a total carry of US$249 million
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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
EnQuest has announced the acquisition of a 70% operated interest in the Didon field and Zarat Permit from PA Resources. PA Resources will retain a 30% stake. The total consideration payable could reach US$249 million, and we value the interest at US$294 million (NPV10, 1 January 2013).This deal will provide the funding to develop Tunisia's largest undeveloped offshore field, Zarat, as well as Elyssa, an oil and gas field to the south of the Zarat Permit. The Didon field is coming to ...
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Didon
- Zarat
- Elyssa
- Deal analysis
- Upsides and risks
-
Strategic rationale
- PA Resources
- EnQuest
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: 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
- Upstream assets: Table 1
What's included
This report contains:
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