Deal Insight
Marathon sells out of Norway in a US$2.7 billion deal with Det Norske
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Report summary
The deal transforms Det Norske's position, making it one of the most important players in the Norwegian sector. Production will increase from an estimated 5,000 boe/d to 74,000 boe/d in 2014, and reserves from 354 mmboe to 511 mmboe. Marathon's position adds strong current cash flow, and provides the foundation for long-term financing that will keep the company funded until first oil at Johan Sverdrup.
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Alvheim
- Volund & Vilje
- Bøyla & Caterpillar
- Deal analysis
-
Upsides and risks
- Upside
- Risks
-
Strategic rationale
- Det Norske
- Marathon
- Oil & gas pricing and assumptions
Tables and charts
This report includes 6 images and tables including:
- Deal analysis: Table 1
- Deal analysis: Table 2
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Table 1
- Wood Mackenzie production forecast
What's included
This report contains:
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