Deal insight

Faroe Petroleum acquire a 21.96% interest in the Blane oil field from Eni

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

On 26 October 2010 Faroe Petroleum agreed to acquire an 21.96% interest in the Blane UK field from Eni. The consideration for the deal is 60 million (US$95 million) and it also includes the farm out of a 20% interest in Faroe Petroleum's Faroese Licences 012 and 017 and UKCS licence P1740 covering acreage which straddles the UK/Faroe border. The effective date of the deal is 1 July 2010. The deal is subject to regulatory approval and the resolution of pre emption rights. ...

What's included

This report contains

  • Document

    Faroe Petroleum acquire a 21.96% interest in the Blane oil field from Eni

    PDF 297.62 KB

Table of contents

  • Executive summary
  • Upstream assets
  • Deal analysis
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 7 images and tables including:

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

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898