Deal Insight
Karoon Energy enters US deepwater with US$720 million deal with LLOG
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 8 images and tables including:
- 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:
Other reports you may be interested in
Asset Report
Logan zinc mine project
A detailed analysis of the Logan zinc mine project.
$2,250
Asset Report
Buckhorn Kettle River (Closed) gold mine
A detailed analysis of the Buckhorn Kettle River gold mine.
$2,250
Asset Report
Sargent (GB 339)
Sargent (GB 339) is a small gas field in northeastern Garden Banks around 10 kilometres (6 miles) north of the Auger field. Deep Gulf ...
$3,100