Deal Insight

ExxonMobil expands Ardmore Woodford footprint with US$590 million acquisition

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Chesapeake recently announced the sale of its position in the Ardmore Woodford Shale to ExxonMobil for US$590 million. This marks the first material transaction in the Ardmore Woodford (also know as the Texoma Woodford) - a liquids-rich play, proximal to the larger Anadarko and Arkoma Woodford plays.The divestiture is part of wider, ongoing efforts by Chesapeake to shore up its balance sheet through a range of asset-monetisation strategies, in the wake of falling revenues due to low ...

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
    • Modelling Assumptions
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 9 images and tables including:

  • Executive summary: Table 1
  • Chesapeake and XTO Ardmore Woodford horizontal wells peak month production
  • Location of Properties
  • Upstream assets: Table 1
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Deal analysis: Table 3

What's included

This report contains:

  • Document

    ExxonMobil expands Ardmore Woodford footprint with US$590 million acquisition

    PDF 1.95 MB