Deal Insight
Forest exits Texas Panhandle with US$1 billion sale to Templar Energy - a private equity backed LLC
This report is currently unavailable
Report summary
Forest Oil announced the sale of its Texas Panhandle properties to Templar Energy for US$1 billion. The deal includes all of Forest's assets in the region, with current production of approximately 100 mmcfed and 517 bcfe of proved reserves as of YE 2012.This is the sixth major deal in the Texas Panhandle in the last 18 months, lending support to the argument that gas-weighted assets can be attractive, even at current gas prices, to the right buyer with the right business model. The ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- 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
- Forest Oil production by county in the Texas Panhandle
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Deal analysis: Table 4
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Asset Report
Golden Pass - LNG regas terminal
Update StatusGolden Pass LNG announced that it would no longer be pursuing development of a regas project. Due to the growth in US gas ...
$1,200
Insight
US upstream week in brief: Q3 2023 archive
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary Woodmac views.
$1,350
Deal Insight
Shell exits onshore Gabon with US$872m sale to Carlyle-backed Assala Energy
Sale takes Shell two thirds of the way to US$30 billion disposal target
$1,650