Deal Insight
JX Nippon acquires portfolio of UK North Sea assets from Eni
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Report summary
JX Nippon Exploration and Production UK Ltd has announced the acquisition of a portfolio of non-operated UK interests from Eni. Most of the value in this deal is attributable to technically challenging development assets such as the Mariner heavy oil field and the high pressure/high temperature Culzean development, but the package includes a number of more mature properties. No consideration has been disclosed, but we value the assets transferred at US$1.11 billion (NPV10, 1 January 2012) ...
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Andrew, Kinnoull and Farragon
- Mariner
- Culzean
- ETAP Area
- Other fields
- Deal analysis
-
Upsides and risks
- Upside
- Risks
-
Strategic rationale
- JXNEPUK perspective
- Oil & gas pricing and assumptions
Tables and charts
This report includes 7 images and tables including:
- Executive summary: Table 1
- Deal analysis: Table 1
- Net remaining value of assets transferred
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Table 1
- JX Nippon Oil & Gas Exploration - Global Upstream Portfolio
What's included
This report contains:
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