Deal Insight
LUKOIL buys 25% in Marine XII in Congo for US$800 million
Report summary
On 6 June 2019 LUKOIL announced that it will acquire NewAge's 25% stake in the Marine XII block offshore Congo for US$800 million, cash. The shallow water acreage is operated by Eni which holds a 65% stake. Marine XII currently produces 28,000 b/d of oil and 60 mmcfd of gas from two fields: Nene and Litchendjili.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
-
Strategic rationale
- LUKOIL
- NewAge
- Oil & gas pricing and assumptions
Tables and charts
This report includes 8 images and tables including:
- Executive summary: Table 1
- Marine XII fields
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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