Deal Insight
Freeport expands deepwater GoM position with US$500 million acquisition including an 18.67% stake in Vito field
This report is currently unavailable
Report summary
Freeport-McMoRan(FCX) has acquired Anadarko's interest in the Vito (MC 984) asset (18.67%) and surrounding acreage in the Vito basin for a consideration of US$500 million. Wood Mackenzie's deal valuation is US$529 million (including tax benefits to FCX), with the standalone asset valuation for the Vito asset contributing US$419 million.
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 10 images and tables including:
- Executive summary: Table 1
- FCX acquired leases
- Upstream assets: Table 1
- FCX deepwater GoM production profile (2014-2023)
- FCX remaining reserves
- 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
What's included
This report contains:
Other reports you may be interested in
Asset Report
El Pilar SxEw copper mine project
A detailed analysis of the El Pilar SxEw copper mine project.
$2,250
Asset Report
Lundberg & Engine House zinc mine
A detailed analysis of the Lundberg & Engine House zinc mine.
$2,250
Asset Report
San Nicolas zinc mine project
A detailed analysis of the San Nicolas zinc mine project.
$2,250
