Deal Insight
KNOC acquires Altius Energy from Vitol for US$515 million
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Report summary
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
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Strategic rationale
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KNOC
- Building globally
- Vitol
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KNOC
- 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:
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