Deal insight

Ithaca Energy acquires Valiant Petroleum for US$459 million

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

The acquisition enhances Ithaca's existing position in the UK where Valiant's key assets are the Causeway and Don Area oil developments and gives the company entry to Norway. Valiant has been hit by a series of unsuccessful exploration wells production under performance issues and field development delays. It's share price had suffered as a result prompting the board to launch a "strategic review" in September 2012 widely interpreted as the beginning of a sale ...

What's included

This report contains

  • Document

    Ithaca Energy acquires Valiant Petroleum for US$459 million

    PDF 679.61 KB

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
    • Upside
    • Risk
    • Ithaca Energy perspective
    • Valiant Petroleum perspective
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 9 images and tables including:

Images

  • Wood Mackenzie production and capex forecast for Valiant
  • Wood Mackenzie valuation of Valiant assets (NPV10), excluding impact of tax allowances

Tables

  • Executive summary: Table 1
  • Upstream assets: 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

Questions about this report?

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