Deal Insight

KNOC acquires Altius Energy from Vitol for US$515 million

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Korea National Oil Corporation (KNOC) has bought the entire share capital of Altius Holdings Inc, a wholly owned subsidiary of energy trading company Vitol Group. Total purchase price is US$515 million. Altius' only assets are in Kazakhstan, where it has four fields: the onstream Akzhar, Besbolek and Karataikiz fields, and Alimbai, which is being lined up for development. We model remaining 2P reserves of 70 million barrels, with production currently at 12,000 b/d and requiring ...

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
    • KNOC
      • Building globally
    • Vitol
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 7 images and tables including:

  • Executive summary: Table 1
  • Upstream assets: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Strategic rationale: Table 1

What's included

This report contains:

  • Document

    KNOC acquires Altius Energy from Vitol for US$515 million

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