Deal Insight
LINN Energy acquires oil producing assets in the Permian for US$525 million
This report is currently unavailable
Report summary
On 12 September 2013, LINN Energy announced the acquisition of conventional oil-producing assets in the Permian Basin for US$525 million. The acquired assets include 124 producing wells on 6,250 acres, with current production of 4,800 boe/d and approximately 30 mmboe of proved reserves net to LINN.We value the assets acquired at US$588 million (NPV10, discounted to September 2013), which equates to a long term implied oil price of US$76/bbl. On production and reserves metrics, the ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes 11 images and tables including:
- Executive summary: Table 1
- Upstream assets: Table 1
- Deal analysis: Table 1
- LINN Energy pro-forma Permian production
- Deal analysis: Table 2
- Deal analysis: Table 3
- Deal analysis: Table 4
- LINN Energy capital investment
- LINN Energy unit distributions and gearing ratio
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Insight
US upstream in brief: banks watching Uinta wax
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Deal Insight
Harbour Energy acquires Wintershall Dea in a reverse takeover
A transformative deal that continues the Harbour's remarkable growth story
$1,650
Deal Insight
Civitas bolts-on in the Permian for US$2.15 billion
This is the third Permian acquisition for Civitas this year, taking cumulative spend to US$6.85 billion.
$1,650
