Deal Insight
Medco Energi acquires Ophir Energy
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Kicking off what is set to be a bumper year for M&A in Asia Pacific, the board of Ophir Energy recommended an offer from Medco Energi for its assets for 55 pence per share - a total consideration of £390.6 million (US$514 million). Including Ophir's net debt of US$35 million, the deal equates to an enterprise value of US$549 million - a 32% discount to our base-case valuation of US$803 million (NPV10, January 2019).
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 the following images and tables:
- Executive summary: Table 1
- 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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