Deal Insight

ExxonMobil acquires Canadian junior Celtic Exploration for Cdn$3.1 billion

This report is currently unavailable

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.
 

- Available as part of a subscription
- FAQ's about online orders

17 October 2012

ExxonMobil acquires Canadian junior Celtic Exploration for Cdn$3.1 billion

Report summary

In a return to Canadian M&A after a lengthy absence, ExxonMobil has agreed to acquire junior Celtic Exploration for Cdn$3.1 billion (US$3.1 billion). This marks ExxonMobil's third North American shale acquisition this year, following deals with Denbury Resources for Bakken acreage and Chesapeake Energy for lands in the Ardmore Woodford shale. Celtic is currently producing just 72 mmcfd of natural gas and 4,000 b/d of liquids, but the company holds sizeable positions in two of ...

Table of contents

Tables and charts

This report includes 9 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
  • Top Montney acreage holders
  • Map of Celtic operated wells
  • Upstream assets: Table 1
  • Deal analysis: Table 3

What's included

This report contains:

  • Document

    ExxonMobil acquires Canadian junior Celtic Exploration for Cdn$3.1 billion

    PDF 969.25 KB