Deal Insight
NEO acquires Zennor for US$625 million
Report summary
HitecVision-backed NEO Energy has announced the acquisition of Kerogen-backed Zennor Petroleum for up to US$625 million. The consideration includes undisclosed contingent payments related to development milestones and future commodity prices. Zennor's assets are focused on the Central North Sea and Northern North Sea and include Finlaggan, its operated flagship development that is due onstream later this year. Finlaggan makes up over 70% of the portfolio's value.
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 8 images and tables including:
- Executive summary: Table 1
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- NEO Energy production profile by acquisition
- 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
Asset Report
Rosebank
The deepwater Rosebank oil field is located in the Faroe-Shetland Channel, 15 kilometres from the UK/Faroese maritime boundary and 125 ...
$5,750
Asset Report
Q/10-A Area
The Q/10-A Area is located around 60 kilometres northwest of Amsterdam in the southern North Sea. The two main fields are Q/10-A and ...
$3,100
Commodity Market Report
Global products market weekly: Refining margins find their summer floor, as diesel gathers support as gasoline falters
Weekly review of global refining margins across NW Europe, the Med, US Gulf Coast, New York Harbour, Singapore and the Middle East Gulf.
$1,050