Deal Insight
Karoon Energy enters US deepwater with US$720 million deal with LLOG
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Karoon Energy has entered the US Gulf of Mexico, acquiring a 30% stake in the LLOG-operated Who Dat and Dome Patrol fields for US$720 million. The deal consideration also includes a 16% interest in the Abilene field, associated infrastructure and surrounding exploration acreage. The deal is transformational for Karoon Energy as it diversifies its Brazil-focused business. The acquisition marks its entry into the US GoM deepwater and offers the Independent a position in another advantaged oil-rich province.
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Who Dat and Abilene
- Dome Patrol
- Deal analysis
-
Upsides and risks
- Upside
- Risk
-
Strategic rationale
- Karoon Energy
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: 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
- Upstream assets: Table 1
What's included
This report contains:
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