Name: ExxonMobil doubles its Permian resource position with US$5.6 billion Delaware acquisition
Brand: Wood Mackenzie
SKU: 60339
Price: 1650 USD
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Author: Wood Mackenzie

Deal Insight 20 January 2017

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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On 17 January, ExxonMobil announced that it will gain roughly 250,000 net acres in the Permian Basin through the acquisition of Bass family-owned companies. The consideration consists of an upfront payment of US$5.6 billion in ExxonMobil shares, plus a series of contingent cash payments beginning in 2020, totalling up to US$1 billion. The new acreage will more than double the company's current Permian resource base, adding a potential 3.4 billion boe. The majority of the acquired ...</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Executive summary
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<li class="list__item-toggle font-semibold">
        Transaction details
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        Upstream assets
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        Deal analysis
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        Upsides and risks
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            Strategic rationale
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        ExxonMobil
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        Bass family
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        Oil & gas pricing and assumptions
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         <li class="list__item push-quarter--bottom">Executive summary: Table 1</li><li class="list__item push-quarter--bottom">BOPCO Delaware acreage position</li><li class="list__item push-quarter--bottom">Upstream assets: Table 1</li>
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            <li class="list__item push-quarter--bottom">Deal analysis: Table 1</li><li class="list__item push-quarter--bottom">Deal analysis: Table 2</li><li class="list__item push-quarter--bottom">Deal analysis: Table 3</li><li class="list__item push-quarter--bottom">Oil & gas pricing and assumptions: Table 1</li><li class="list__item push-quarter--bottom">Oil & gas pricing and assumptions: Table 2</li>
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<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >ExxonMobil doubles its Permian resource position with US$5.6 billion Delaware acquisition</p>
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